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To: ~digs who wrote (398)4/23/2004 10:05:44 PM
From: ~digs  Respond to of 7944
 
FIBR @ 2.930 +0.260 9.74% 4.14M 4:00 PM
ZHNE @ 3.590 -0.300 -7.71% 2.27M 4:00 PM

April 22, 2004-- Zhone Technologies, Inc. (Nasdaq:ZHNE - News), the first company dedicated solely to delivering the full spectrum of next-generation access infrastructure equipment, today announced that it will acquire Sorrento Networks Corporation (Nasdaq:FIBR - News), a recognized leader in providing networking products for metro-optical transport and access products. Under the terms of the agreement, Zhone will issue 0.9 of a share of Zhone common stock for each outstanding share of Sorrento common stock biz.yahoo.com