Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Black-Scholes who wrote (47058)	10/29/1999 1:29:00 PM
From: Black-Scholes	Respond to of 50808

Finally, the analysts are "pounding the table" for CUBE - strong buy: quote.bloomberg.com

To: Black-Scholes who wrote (47058)	10/29/1999 1:41:00 PM
From: BillyG	Respond to of 50808

A LU buyout of HLIT would not be out of the question, particularly with the AT&T connection. Here's why: CIEN and LU are fierce competitors in DWDM. Hours before the Tellabs buyout of CIENA was supposed to take place, AT&T killed the deal. Rumors have it that LU "encouraged" AT&T to kill the deal, but of course there's no proof. What is known is that AT&T was field testing both LU's and CIEN's DWDM systems and hours before the buyout AT&T telephoned the president of CIEN and told him that AT&T would not buy the CIEN DWDM system being tested. Therefore they had to stop the Tellabs/CIEN deal to reprice everything and the deal fell apart. Mighty strange that AT&T would feel compelled to call CIEN hours before the deal closed, knowing full well that it would scotch the deal.... I like the fact that AT&T likes HLIT! I like the fact that MediaOne likes CUBE and Divi! Look at what happened to CIEN's stock in September of 1998: techstocks.com