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Technology Stocks : Ciena (CIEN)

CIEN 238.36

-0.3%

Dec 30 4:00 PM EST

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To: Beltropolis Boy who wrote (3144)	9/15/1998 8:32:00 AM
From: Asymmetric	Read Replies (1) of 12623

"Could this Tellabs/Ciena deal have been more poorly handled?" Excerpt from James Cramer/Street.Com (Cramer echoes what I posted last night. exchange2000.com By James J. Cramer 9/15/98 6:58 AM ET ***** Random musings: Could this Tellabs/Ciena deal have been more poorly handled? If you had to set out to sabotage Ciena, I don't think you could have done a better job of it than Tellabs did. It reminds me of that aborted Dun & Bradstreet IRIC deal earlier in the decade, the one IRIC took years to recover from. That one was stopped by antitrust, this one by failed business deals. Nevertheless, the effect was equally devastating. The miss at Tellabs had every communications company scrambling, but it had me buying, as I don't think Tellabs' problems portend a slowdown in this industry...

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