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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: PamZ who wrote (3429)	7/30/1998 1:13:00 PM
From: Ibexx	Respond to of 21876

Pam Z, Welcome to the thread, and the news: ______ Thursday July 30, 12:46 pm Eastern Time CIENA falls on AT&T contract uncertainty--analysts NEW YORK, July 30 (Reuters) - Shares of CIENA Corp. (CIEN - news) fell more than 3 percent in heavy trading Thursday after the telecommunications equipment company said AT&T Corp. (T - news) had changed the specifications for a type of equipment it may buy, analysts said. CIENA hit an intraday low of 74-3/4 but recovered slightly to 77-3/4, down 2-11/16. CIENA spokesman Denny Bilter said AT&T is looking for a more powerful global optic networking system than the CIENA product it had been testing. CIENA first disclosed the information in a filing with the Securities and Exchange Commission. AT&T had been testing CIENA'a 16-channel dense wavelength division multiplexing (DWDM) system. DWDM is a method of increasing the capacity of fiber optic phone lines and data networks. ''AT&T recently indicated that their capacity requirements have grown to such an extent that they will not be deploying 16-channel. They will shift to an accelerated evaluation of higher-channel systems,'' Bilter said. ''We believe AT&T will evaluate our 40-channel system, and we believe we are the only supplier with a 40-channel that is commercially available,'' he said. ''Over the short term, it means...we won't be receiving income for the fourth quarter'' from sales to AT&T of a 16-channel system, Bilter said. The change in AT&T's needs could delay the timing of potential contracts or give another company the chance to develop a 40-channel product, analysts said. Michael Neiberg, a telecommunications equipment analyst with Furman Selz, said, ''The only company with a 40-channel system is CIENA. But the change is some additional uncertainty...there's been a change in what is going on with AT&T. And is the change for the better or the worse? It's too early to tell.'' CIENA expects AT&T to decide soon what its equipment needs are. Earlier this year a CIENA rival, Lucent Technologies Inc. (LU - news), unveiled an 80-channel system called WaveStar OLS 400G. At that time, AT&T said it needed both 16- and 80-channel systems.</b Now, analysts suggest, AT&T may select a 40-channel product and an 80-channel product. AT&T declined to comment on its equipment needs. ''Back in January we said we would be future-proofing our network,'' said AT&T spokeswoman Ruthlyn Newell. ''Among the things we cited was wave division multiplexing...and that we would be moving toward an 80-wavelength (-channel) system and testing it by the end of this year.'' She added, ''This particular technology is leapfrogging and expanding rapidly...we continuously communicate to our suppliers our technology needs.'' AT&T said it will ''engineer its network as it makes sense'' and may not put the same type of DWDM technology in all parts. Rural areas, for example, may not need as much capacity as cities. Lucent shares were up 3-13/16 to 92-15/16. In June CIENA agreed to be acquired by Tellabs Inc. (TLAB - news) for $7.1 billion. Bilter said Tellabs has not made any statements regarding earnings projections for the combined company. Ibexx

To: PamZ who wrote (3429)	7/30/1998 1:14:00 PM
From: ratan lal	Respond to of 21876

What faux paux ? YOu asked a simple question. I have attended 2 hour seminars on OptionStation and know someone who uses it and is very happy with it. I dont do options so cant help you there. I use BMI for RT quotes and charts via Cable. They also have via satelite and via internet. Just go to DBC.COM for explanation and prices

To: PamZ who wrote (3429)	7/30/1998 2:24:00 PM
From: Sawtooth	Read Replies (2) \| Respond to of 21876

<<Have I comitted a fax paux? If I have it was due to my rookiness and I'm sorry. Yesterday I asked if anybody had opinions on OptionStation software and advice on Real Time sites. I hold Lucent from pre-split as a long term holding but am trying to learn about options. Any advice would be helpful.>> Pam: A fax paux? Do you mean a fox paw? ; ) Seriously, there probably didn't happen to be anyone reading the post that had the answer at the time. There are some excellent threads dedicated to options and, even, specific options software on SI (do a search on "options"). Not trying to get rid of you; just trying to point you to an answer. ...Tim

To: PamZ who wrote (3429)	7/30/1998 8:04:00 PM
From: William E Hodal	Read Replies (2) \| Respond to of 21876

A celebration of the faux pas, beginning with the author's latest beaut. forbes.com It's not a phrase one hears much anymore, and more's the pity. "I made a faux pas" sounds much better than, "Boy, did I just step in it." The word gaffe gets a pretty good workout. The OED cites modern French-une gaffe, "a remark by which one 'puts one's foot into it'." This is a long but very funny piece your sides will hurt from laughing. Bill