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

To: MarkC who wrote (10305)	1/31/2001 6:08:50 PM
From: mact	Read Replies (2) \| Respond to of 12623

15:38 ET CIENA Corp (CIEN) 91 -7: Stock taking a hit in recent minutes; hearing from trading floor sources that a brokerage firm squawked that Alcatel (ALA) beat Ciena for a contract with Level 3 (LVLT). Market obviously fears that this talk refers to the optical switch contract that Ciena has been hoping to win from LVLT, but ALA does not have a competitive product. More likely, the contract win for ALA is for a less important product such as DWDM transport gear.