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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?

To: Tim Bagwell who wrote (9422)	8/13/2000 12:15:32 AM
From: Raymond Duray	Read Replies (2) \| Respond to of 12623

Hi Tim, Re: What are your thoughts on Avici? Any comments on the stock action? I was first alerted to AVCI's precarious financial situation by techplayer on the Avici thread. You can see the commentary just prior to the IPO. Looks like the public is picking up round three on what should be a VC led mezzanine financing. NT attempted a bearhug last summer and got jilted. So the NT announcement to sub the JNPR M160 for their own Versalar is significant for AVCI in that in spite of a 17% ownership of AVCI, NT is basically cutting them loose. That said, the action in the stock has everything in the world to do with momo players being in love with the new story of the week. As with SONS and CORV, there is not much indication that Mr. Market has much of a grasp of reality. Best, Ray