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

To: John Carragher who wrote (2629)	8/28/1998 5:40:00 PM
From: nokomis	Read Replies (3) \| Respond to of 12623

John, thanks. What do you make of the following insider trade? Message 2544 of 2544 - YAHOO ÿÿÿÿ ÿÿÿÿÿ Hmmmm.....Michael Birck gave gifts (to the kiddies?) Yup...he gave gifts of 18,902 TLAB shares on July 21...now what kind of man gives gifts that he doesn't KNOW will appreciate? And, incidentally, their stock on July 21 was close to $90! (do you suppose he might have suggested "the kiddies" sell out right away?)Would be interested to hear others interrpretation of this strange action. Sure, it's in Telabs interests for their stock to nosedive leading up to merger...and then pop. Insider trading tells it all...hold onto your shares if CIEN. The institutions can't afford NOT to buy back into Tlabs before merger, thus boosting CIEN's take as the gap narrows. Insider Trades - Tellabs Inc (Nasdaq:TLAB) Updated: 14-Aug-98 21-Jul-98 BIRCK MICHAEL J Gave as Gift 5,902 Common - - 16-Jul-98 BIRCK MICHAEL J Gave as Gift 13,000 Common ÿ

To: John Carragher who wrote (2629)	8/30/1998 11:41:00 AM
From: shortlong2	Read Replies (1) \| Respond to of 12623

John what do you or anyone else here make of the after hours trades in TLAB ? Two trades of 50,000 shs. at 51, one of 30,100 at 51, and one of 5000 at 53 1/8. Then smaller 100 size trades at 49. Can somebody explain this ? Does anybody remember, was it last year, I can't remember exactly when, but when 3COM was going to buy U.S. Robotics, initially COMS took a dive, and USRX followed , but as the time for the deal to close got closer both stocks took off.