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

To: Alec Epting who wrote (3062)	9/14/1998 10:53:00 AM
From: Pierre Aydin	Read Replies (1) \| Respond to of 12623

Why would CIEN pass the 100M break-up fee if they did not have another offer? I think it's coming soon. Pierre

To: Alec Epting who wrote (3062)	9/14/1998 11:02:00 AM
From: 4-UR-Eyes-Only	Respond to of 12623

There are definitely other potential suitors in the coming months. But the short term MARGIN squeeze and Friday's triple witching day are going to put pressure on the stock. If CIEN can not hold $13 1/2 today, MM will push it down to $12 1/2 by Friday. Worst case, $10. There are so many small investors AND MM's AND BIG Accounts got burned by CIEN merger deal. The MARGIN call is going to kill a lot of small investors. That is why we see thousands of <1000 share trades today.