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


To: Thorr who wrote (2736)9/9/1998 11:19:00 AM
From: gbh  Read Replies (3) | Respond to of 12623
 
From Briefing.com:

11:10 ET CIENA Corp. (CIEN) 22 13/16 -5 15/32 (-19%): --Update-- CNBC
reporting that company failed to secure $100 mln contract award from Digital Teleport.

10:49 ET CIENA Corp (CIEN) 22 3/4 -5 17/32 (-20%): According to sources, CIEN
shares retreating on concerns telecom. equipment maker has lost another contract. The
rumors are benefitting Tellab (TLAB) shares, as investors speculating that if true, TLAB will
finally back away from its planned acquisition of CIEN.