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To: j.d.robbins who wrote (1940)	8/21/1998 2:02:00 PM
From: Frank A. Coluccio	Respond to of 12823

j.d., Just wondering.. Can you whistle the tune, "Lulu's Back in Town?" <g> Joking aside, this comes courtesy of r1 on the Cienna Thread: Tellabs adjourns Ciena meeting without holder vote Reuters, Friday, August 21, 1998 at 13:16 LISLE, Ill., Aug 21 (Reuters) - Tellabs Inc. (NASDAQ:TLAB) said Friday it adjourned its special shareholder meeting on its proposed acquisition of Ciena Corp. (NASDAQ:CIEN) before shareholders voted on the deal. Tellabs said both it and Ciena adjourned special meetings because Ciena received word that AT&T Corp. (NYSE:T) would not evaluate a Ciena product for possible purchase. Both companies said they would reconvene their meetings on September 9. Tellabs spokesman Thomas Scottino said the company was still evaluating the situation. He said at this point he did not know what effect the AT&T development might eventually have on the proposed merger. Asked if the development might be a deal breaker, Scottino said, "I don't know at this point. We're trying to evaluate everything. Everything is happening very fast." "Both companies thought the best thing to do was adjourn until September 9," he added. "People were very interested in the potential business with AT&T -- they were potentially a very large customer." Ciena, which like Tellabs provides telecommunications equipment, said it was informed Friday morning that AT&T would not pursue further evaluation of its dense wavelength division multiplexing (DWDM) systems. DWDM multiplies the capacity of existing fiber optic phone networks. In June, Tellabs agreed to buy Linthicum, Maryland-based Ciena in a stock swap then valued at $7.1 billion. Each Ciena share was to be exchanged for one share of Tellabs. Last week Ciena warned it would significantly miss third quarter earnings estimates because of a delay in a $25 million order, sending both stocks tumbling. At the time, Tellabs said the acquisition deal was intact and would not be repriced. Shares of Ciena lost half their value on Friday, tumbling 28-17/32 to 28-1/4, while Tellabs jumped 2-1/4 to 59-1/2, down from the day's high of 64. chicago.equities.newsroom@reuters.com)) Frank

To: j.d.robbins who wrote (1940)	8/21/1998 2:19:00 PM
From: Frank A. Coluccio	Read Replies (2) \| Respond to of 12823

Maybe someone else expressed their opinion in a better way: Message 5555806 Could this be? Naaahh... <?>

To: j.d.robbins who wrote (1940)	8/21/1998 8:23:00 PM
From: DenverTechie	Read Replies (2) \| Respond to of 12823

Here's a list of companies that make or are developing DWDM systems. Ericsson, Cambrian Systems, Tellium, Osicom, Lucent (that's an interesting thought and could play into conspiracy theories), Alcatel, Pirelli, ADC Telecommunications, Uniphase, MRV. Probably not even a complete list. One or some of these companies may benefit. This of course is just the most obvious, skimming the surface of who might come out ahead..