SI
SI
discoversearch

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.
Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?

To: Peppe who wrote (2382)8/21/1998 4:52:00 PM
From: David Harker  Read Replies (1) | Respond to of 12623
 
I agree, I sold QWST at 33 9/16 to buy CIEN at 31 1/4, it's just
too good of a deal. I still like QWST, but in the near future,
CIEN will go up more. I'll bet that TLAB still buys CIEN,
although at a cheaper price. I doubt it'll be as bad as 1 TLAB
share for each 2 CIEN shares, as some web-rumors are saying.

If TLAB buys CIEN by giving .66666666 share TLAB per CIEN share
(ie, 1 TLAB share for each 1.5 CIEN shares) and TLAB hits
$70, that's still $46.67 price for CIEN, a 49% gain for me...



To: Peppe who wrote (2382)8/21/1998 6:43:00 PM
From: William Grady  Read Replies (2) | Respond to of 12623
 
I agree, I bought Ciena for the first time today. I always liked the company but thought I had missed the boat; never thought I'd get a second chance to buy the stock at this level. If Cisco wants to go head-to-head with Lucent they need Ciena and if they get a second chance to acquire Ciena they should jump on it before someone else beats them to it.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News