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Technology Stocks : Ciena (CIEN)
CIEN 204.21+2.0%Nov 28 4:00 PM EST

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To: Sajjad S. Hashimi who wrote (5139)11/3/1998 11:40:00 AM
From: bob zagorin  Read Replies (1) of 12623
 
did these get noted last week? would they sell in low teens if buyout was imminent?

CIENA CORP. SENIOR VP, STRATEGIC ACCOUNT SALES FILES SEC FORM 4
WASHINGTON, DC, Oct. 27, 1998 (States via COMTEX) -- Lawrence P. Huang of Linthicum, MD, a Senior VP, Strategic Account Sales of CIENA Corp. (SYMBOL: CIEN), disposed of 60,000 shares in 2 transactions for between $11.68 - $14.44 each on Septem ber 22, 1998. Lawrence P. Huang currently owns 408,750 shares. A Form 4 reporting the transaction was filed with the Securities and Exchange Commission on October 13, 1998.

WASHINGTON, DC, Oct. 27, 1998 (States via COMTEX) -- Steve W. Chaddick of Linthicum, MD, a Senior VP, Strategy & Corporate Development of CIENA Corp. (SYMBOL: CIEN), disposed of 60,000 shares in 5 transactions for between $13.38 - $14.50 each between September 29, 1998 and September 30, 1998. Steve W. Chaddick currently owns 244,000 shares. A Form 4 reporting the transaction was filed with the Securities and Exchange Commission on October 13, 1998.
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