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To: adcpres who wrote (29018)9/5/2000 10:21:31 AM
From: Jan Crawley  Read Replies (2) | Respond to of 42787
 
Does anyone have news?

Supposedly-- a $28M default by a Cien customer which equals approx. $.16 per share. Last Q's earnings for Cien is only 19 cents.

Not confirm yet, so don't act on it yet.



To: adcpres who wrote (29018)9/5/2000 10:22:37 AM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Adcpres,

>>>> Trading on CIEN halted for past 1/2 hour. I can't find any news other than their was attempts to sells restricted stock. Does anyone have news? <<<<

Heard something on CNBC where CIEN they are taking some writeoff. Dont have the full details