Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 178.26

+1.0%

Nov 21 4:00 PM EST

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To: James Fulop who wrote (6866)	4/5/1999 4:08:00 PM
From: Daniel G. DeBusschere	Read Replies (2) of 12623

No sure why but this reminds me of ASCEND after they acquired CASCADE- The street (esp day traders) just do not understand the strategic importance of the last two acquisitions that CIEN made. When ASCEND bought CASCADE the street was down on them; but they converted it into a $20B buyout by LU. If they had not bought CASCADE and not marketed the GBX550 ATM switch, then LU would not have paid $1B. These acquisitions by CIEN will position it as a MUST HAVE for one of the big players and they will have to pay dearly to get control. So load up while the getting is good would be my advise.

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