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

To: James Fulop who wrote (9666)	10/13/2000 12:31:41 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 12623

James, Thank you for that most interesting post. I was particularly interested in this excerpt: How to interface DWDM equipment into the voice dominant legacy network is a CIEN stronghold, where capabilities include overlaying new upon old. A concern was expressed that incumbent telco's stop spending $ on expensive, Sonet equipment and transition to digital hardware that does voice and data (IP over Vo). I do believe Nortel will also excel at interfacing DWDM equipment into the voice legacy network. The recent announcement by Cable & Wireless that Nortel will transition their network into a VoIP which will substantially reduce costs. The poster is correct. In the long haul, this may be a contest between Ciena and Nortel.

To: James Fulop who wrote (9666)	10/16/2000 8:49:15 PM
From: James Fulop	Read Replies (1) \| Respond to of 12623

Ciena Surges on Deal Rumors -------------------------------------------------------------------------------- Ciena Corp. (Nasdaq: CIEN) is in the latter stages of negotiating two large contracts with major competitive local exchange carriers (CLECs), according to Light Reading sources. Rumors of the potential deals, as well as positive feedback from Ciena's financial analyst meeting, have boosted the shares of the optical networking company nearly 20 percent in the last two days. One Wall Street source, speaking under condition of anonymity, said rumors of the deal were circulating at Ciena's financial analyst conference, held last week. A Ciena official confirmed that some large announcements were expected to be made in the coming week but responded with a "no comment" when asked about particulars. On Monday Ciena stock rose $7.28 (5.69 percent) to close at $135.16, nearing all-time highs for the shares. Last week brokerage firm S.G. Cowen issued comments on Ciena, saying that its fiscal fourth quarter, which ends October 31, was "tracking well," following the analyst meeting. The potential deals, not yet signed, were described by sources as "large," in the $100 million dollar range. They involve Ciena's CoreDirector optical switch. lightreading.com