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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (17623)	8/16/1998 9:27:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70132

What are you looking at for tomorrow? I am expecting a flat to down day at least till the Presidential testimony is over. I believe it starts at 1:00PM your time. I am looking at adding to my CIEN I got on Friday. I do not think they will cancel the merger now. There is not enough time for people to cancel their proxies since the meeting is August 21. TLAB needs the technology as they have cancelled their own WDM program as far as I know. There is a 4 dollar discount in the stock. Management has stated the merger is on. Someone would have to mobilize a big group of shareholders in the next few days to stop them now. You can hear the conference call at 1-800-753-9756.