Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (12784)	8/14/1998 9:30:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 18691

Was there a point to your post? I misssed it.

To: RockyBalboa who wrote (12784)	8/14/1998 10:06:00 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 18691

R: What did I want to say: CIEN was down in pre-market trading more than 10 points. Earlier this year, TLAB announced to acquire CIEN on a stock by stock basis. So, my first thought was that the merger has been blast off or otherwise, the exchange ratio has been adjusted. But this was not the case, the fall in CIEN was attributed to bad numbers. The second thought is that the merger indeed will be less realistic at the last presented terms. So thinks the market and the spread opened to $3 in the meantime. You got the point? Erasing the merger and CIEN may be down to 40, with TLABS sitting where it is. I refuse to bet on singe stocks in this case, it is not predictable at the moment. Christian