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

To: gbh who wrote (3077)	9/14/1998 12:01:00 PM
From: Edward J. Edwards, III	Respond to of 12623

Gary, He was positive going forward, basically said that there will be some near term pricing pressure, but that everyone in the industry will see this, not just Cien. I heard him say that they HAVE many new customers, but that they dont release the info on them until those companies allow them. Also said that they will be releasing many PR about new products. My take was that they were just waiting for the tlab thing to firm before releasing the info, but now that it has blown up, he will get back to work. I am long cien at 500 shares at 16 per share. This was what I heard and how I heard it. Ted

To: gbh who wrote (3077)	9/15/1998 12:10:00 AM
From: Beltropolis Boy	Respond to of 12623

can you give some more detail of Nettles on CNBC? gary. if you're media player-enabled, here's a link to the CNBC piece with nettles. it's roughly half way down faber's article. -chris. What now for Tellabs, Ciena?ÿAs their merger plan falls apart, Tellabs stock takes a dizzying dance Sept. 14 -- Saying that big acquisitions are difficult -- and big acquisitions dealing with new technologies even more so -- Tellabs CEO Mike Birck Monday called off a deal to buy Ciena that the market already had canceled. But in a conference call with analysts, Birck extended what has been a strange story indeed into yet another chapter. msnbc.com