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To: Greg h2o who wrote (33890)	6/28/2001 3:48:23 PM
From: Sector Investor	Respond to of 42804

Message 16004666

To: Greg h2o who wrote (33890)	6/28/2001 4:08:56 PM
From: James Calladine	Read Replies (3) \| Respond to of 42804

CIENA:(from Briefing) <<<15:48 ET CIENA Corp (CIEN) 35.95 -3.14 (-8%): -- Update -- Hearing that late break in the stock being caused by misperception that SG Cowen is making negative comments on CIEN. Hearing that firm mentioned that CIEN would be hurt should rumor that TyCom (TCM) is reducing capex prove true, but firm is not out negative on the stock and not predicting that TCM will announce reductions in capital spending.>>> Various other speculations that they will warn, soon. Namaste! Jim