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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (2726)	7/17/1998 10:09:00 AM
From: Beltropolis Boy	Read Replies (2) \| Respond to of 7342

Tellabs and CIENA Set Record Dates and Expected Stockholder Meeting Dates Combined Company's Reporting Plans Discussed July 17, 1998 08:30 AM LISLE, Ill., and LINTHICUM, Md., July 17 /PRNewswire/ -- Tellabs, Inc. (TLAB), and CIENA Corporation (CIEN) announced today that each company will hold a special meeting of shareholders on August 21, 1998, for the purpose of approving the proposed merger between the two companies. The two companies' Boards of Directors, acting separately, have set Monday, July 20, 1998, as the record date for the determination of stockholders entitled to vote on the merger. Assuming the requisite approval by both companies' stockholders, the merger is expected to close on August 21 or soon thereafter. Details of the time and location of each stockholder meeting will be forthcoming in the proxy materials, which are expected to be mailed to stockholders on or about July 22. On July 15, the Department of Justice granted early termination of the waiting period for antitrust review of the proposed merger under the Hart- Scott-Rodino Act. The companies indicated that because of the timing of the anticipated closing of the merger, and because the merged company will be reporting on a calendar basis, CIENA does not expect to make a separate report of its fiscal third quarter results of operations ending August 1, 1998. The first report of the combined company is expected to occur in the third or fourth week of October 1998.

To: DMaA who wrote (2726)	7/17/1998 10:36:00 AM
From: Beltropolis Boy	Respond to of 7342

RESEARCH ALERT - Tellabs rating raised July 17, 1998 08:57 AM NEW YORK, July 17 (Reuters) - Merrill Lynch on Friday said it raised its rating on shares of Tellabs Inc. (TLAB) to long-term buy from accumulate. -- Short-term rating remains accumulate. -- No further information was immediately available. -- Shares closed at 84-12/16 Thursday.

To: DMaA who wrote (2726)	7/17/1998 12:56:00 PM
From: The ChrisMeister	Respond to of 7342

OFF TOPIC: "9.Veritas (VRTS 50):low- to mid-60s" Up over 5 today on great earnings reported yesterday. I sold a little less than half of my position just now, expecting to buy it back a touch lower. VRTS was at 35 only a few weeks ago. Mid-60s is not out of the question, but just not by next week. Can be a volatile, frustrating stock. Check it out - we need more (any?) voices on the VRTS thread here (https://www.siliconinvestor.com/subject.aspx?subjectid=2281). ChrisMeister