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Technology Stocks : Ciena (CIEN)
CIEN 201.59+3.0%4:00 PM EST

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To: Doughboy who wrote (3717)9/24/1998 9:08:00 PM
From: Bob Smith  Read Replies (1) of 12623
 
CIEN...what we may see. Don't invest on this ...do your own homework.

Nettles say's : build shareholder value (means get stock price up ..he
said this when stock was $11-12
Result: 2 new contracts
What is coming: Bell South (rumored soon) and one more next week
When: Next week

Fact: Goldman & Morgan (MM's) buying mucho CIEN last couple
of days.
It has been said that Goldman meets with CIEN 10/8.
WHY : CIEN could issue a stock buyback announcement?
Goldman accumulating for a client (pick one)


Fact: Lucent can go shopping in October. Do they need to
invest big $$'s to catch up to a CIEN/CSCO combo?


FACT: In TLAB/CIEN merger there was "Company A" who was a
merger alternative. You tell me, was that CSCO or
Ascend.

Fact: Fiber Optic networking (R&D especially) is very
important to next generation devices.

GUESS: 30 days you see this whole thing play out. CIEN is
desired by CSCO or LU or NT or any large networking
company who has yet to integrate DWM in to their
products.

Price: Anywhere between $30-$35 (depending on how quickly
Cien can bolster their stcok price with news etc....

Downside: Very low PE Ratio....which is good
$200M in cash = strong balance sheet
Great products.

Low risk ...great upside.

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