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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: pat mudge who wrote (35754)2/21/1998 6:55:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
Did you get CIEN on Friday's drop? And, if so, are you confident the orders were
pushed back and not put on hold indefinitely? I'm only asking b/c of the LU threat.


pat,

I did buy on Friday. I never had a position in CIEN prior.

LU's threat appears imaginary at the moment. They do not expect to ship any product until the 4th quarter of 98. I also anticipate potential customers will beta test the product before making large purchases. I am convinced the orders by WCOM were just pushed back and not placed on hold. Of course, that was one reason I took the position. The other is an anticipated announcement by Bell Atlantic to become a customer and by T. I hope I am correct<G>

Glenn