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Technology Stocks : Ciena (CIEN)
CIEN 196.24+0.8%Nov 25 4:00 PM EST

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To: Scott Bergquist who wrote (5519)11/20/1998 12:48:00 PM
From: still learning  Read Replies (1) of 12623
 
Yes. <<Lucent?? Implausible??>>

I'm sure they had to go out and get cash to buy Ciena. That's why everyone has been talkin about their recent freedom to do a stock swap. <<Lucent was noted as raising a fair amount of cash the other day for unspecified purposes.>>

Acquiring CIEN ain't going to move LU's stock price much, except if the mkt concludes that LU's own development efforts were failed. That's the best reason I can think of for *not* buying CIEN, an admission of defeat. Even if it were true, LU would probably not want to make it apparent by buying a one-trick pony.

<<Tellabs, Cisco not down. But Lucent is, as Ciena is up. Could it be
Lucent after Ciena>>
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