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Technology Stocks : Ciena (CIEN)
CIEN 201.46+2.9%Nov 6 4:00 PM EST

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To: vin kirplani who wrote (2892)9/11/1998 12:43:00 AM
From: Doughboy  Read Replies (1) of 12623
 
A cautionary note: On the TLAB thread they posted a statement by a TLAB spokesman that TLAB was not aware of the contract loss to Pirelli before the renegotiation. While not so important in and of itself, it does directly contradict CIEN's statement yesterday. If CIEN and TLAB are suddenly not seeing eye-to-eye, there is a real danger that TLAB will walk. I'm still long, but I would be hard-pressed to play the spread again having been burned twice now.

Doughboy.
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