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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: Baldwin who wrote (3562)	9/8/1998 3:55:00 PM
From: David Harker	Read Replies (1) \| Respond to of 7342

Perhaps the Post was misleading in its last paragraph, but earlier in the article it clearly described CIEN's early growth by saying: >Ciena sold its first devices to Sprint Corp. WorldCom Inc. soon >followed, along with Bell Atlantic, Cable & Wireless and smaller >carriers around the world. Revenue shot from $50 million in 1996 >to $350 million in 1997, and in February of that year Ciena >raised $3.4 billion in what was the largest initial public stock >offering ever. If revenues grew from $50 million in '96 to $350 million in '97, the company probably did not have gear installed in AT&T in 1988, so I don't think the Post was purposefully implying this link between CIEN and the 1988 fire. Probably just bad editing. FWIW...