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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Sector Investor who wrote (12200)2/17/1999 3:39:00 PM
From: signist  Read Replies (2) of 42804
 
OT
CIEN looks attractive...100 mil contract today

John
Make that 200 mil

(REUTERS) Ciena <CIEN.O> wins $200 mln contract from UK firm
Ciena <CIEN.O> wins $200 mln contract from UK firm

LINTHICUM, Md., Feb 17 (Reuters) - Telecommunications
equipment maker Ciena Corp. said Wednesday it won a three-year,
$200 million contract from a London-based phone carrier that
pushes its new technology into Europe.
Under the deal, privately-held Telemonde Ltd. in London
will build a 19-city European network using Ciena's 96-channel
product, which multiplies the number of calls a fiber optic
cable may carry to about 3 million.
Before the 96-channels, Ciena was shipping 40-channel
products and 16 channel products that allowed carriers to
handle about 32,000 calls down one fiber optic cable.
MORE
*** end of story ***
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