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Technology Stocks : Ciena (CIEN)
CIEN 189.63-0.2%Nov 3 4:00 PM EST

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To: william liao who wrote (3055)9/14/1998 10:55:00 AM
From: Tom Wilkes  Read Replies (1) of 12623
 
Hi William,

Just read your post to Barbara. Like you, I am a long-term holder of Ciena. I bought it months ago at $44, and the scuttling of the Tellabs deal hurts. But I still think the fiber optics future is big enough for all comers to prosper. Still, I am not a techie. What are your reasons for thinking that our faith in Ciena is well-placed? Yes, another suitor may come along and buy her, but I am more interested in why they would do so, from a technology standpoint. Congrats on buying it so low. I am considering buying more . . . and would if I understood the fundamental technological reasons to do so. Can you help me out?

Tom Wilkes
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