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

To: James Fulop who wrote (9433)	8/14/2000 3:27:19 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 12623

Thanks James, I'll pursue these leads, and I appreciate your jumping in anytime. :)) Best, Ray

To: James Fulop who wrote (9433)	8/14/2000 9:20:28 PM
From: James Fulop	Respond to of 12623

Slight mention of Ciena in the following article: (courtesy Dcsking_99 over on Yahoo) forbes.com Also there appears to be an unannounced contract with a Brazilian carrier about which I have heard rumors but have not seen any confirmation...(courtesy Cienisbelievin over on Yahoo) >> SABI (SOUTH AMERICAN BUSINESS INFORMATION): GAZETA MERCANTIL: BRAZIL: OPTICAL FIBERS MARKET BOOSTS IN BRAZIL Gazeta Mercantil - SABI ; 14-Aug-2000 Holding 35% of the Brazilian market of optical cables and fibers, Pirelli doubled its production to 600,000 km/fiber per year aiming to reach 900,000 until December. To supply the increasingly domestic demand of communications sector, many companies in the sector are making huge investments in infra-structure. Brazil' network already has 76,000 km with total investments of R$850mil in two years. The Yankee Group research institute predicts investments of US$3bil over the next three years. Cisco, for instance, disbursed US$15.9mil in the acquisition of four companies: Aironet, Cerent, Seagull and Pirelli Sistemas Opticos. The Canadian Nortel recently took over Alteon for US$7.8bil and JDS acquired SDL for US$41mil. Lucent, that used to produce only components and equipment in the country invested US$50mil in a fiber plant to set its local production. The US CIENA, specialized in optical communications system, made a huge contract with Engeredes held by Algar group, expecting an income of US$740mil in 2000 against the US$500mil in 1999. One of the first in the sector, Netstream was recently purchased by AT&T for US$300mil. With earmarked investments of US$200mil, Netstream already installed 30,000 km of cables in Sao Paulo, Rio de Janeiro and Belo Horizonte (Minas Gerais state), expecting other 5,000 until December. Intelig announced investments of R$3bil in the construction of its network and Double Crossing that is investing US$2bil in a earth and submarine cabling in South America from which US$500mil destinated to Brazil. Double Crossing' network will be of 18,000 km connecting 24 countries.<< messages.yahoo.com