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Technology Stocks : Safeguard Scientifics SFE -- Ignore unavailable to you. Want to Upgrade?

To: David Lawrence who wrote (1595)8/21/1998 3:31:00 PM
From: llwk7051@aol.com  Read Replies (1) | Respond to of 4467
 
David, Ciena deal was what caused a lot of tlab recent sell off. I believe deal at the very least will be restructured and possibly terminated. From what I have read about Ciena, I think they are only worth a fraction of what Tlab offered. Hopefully, Tlab can recover now, but I am not very encouraged. I expected a much bigger rise in Tlab because of short covering from arbitrage positions today. At least, it is up in a down market. Note it was down over 2 points before the halt and last I checked is now around 60. Good luck to all.
Robert D.



To: David Lawrence who wrote (1595)8/24/1998 6:49:00 PM
From: still learning  Respond to of 4467
 
Given today's action CIEN has pulled SFE down as TLAB continues to bob up and down. The $263 mm SFE received for CCSC is now down to to $203 mm. Then agin, there was a premiuim of something like 40% paid at acquisition, so we're treading water.


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