SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ciena (CIEN)
CIEN 191.74-1.3%Nov 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pass pass who wrote (3655)9/24/1998 9:45:00 AM
From: gbh  Read Replies (2) of 12623
 
pass pass, very unlikely. Slim chance that ASND was entertaining such a huge acquisition (for them) when CIEN was trading much higher. Besides, they have been partnering with Pirelli. This is not to say that they would not be interested now, at a much cheaper price. But there is little chance that they were Comapny A. Company A was CSCO. Now Company A is stating that their criteria are no longer met. Gee, what a surprise. Maybe in 6-12 months, they will come knocking again.

Not much to keep the stock price up now, except buyout rumors. This is obvious. Fundamentals of this company right now are in the toilet.
Its now searching for its true current value.

Gary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext