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

To: gbh who wrote (3102)	9/14/1998 7:34:00 PM
From: jach	Read Replies (2) \| Respond to of 12623

<first and only obligation is to their shareholders.> simple narrow view for high-tech; in the high-tech arena without good people (engineers) shareholders are history

To: gbh who wrote (3102)	9/14/1998 10:13:00 PM
From: pass pass	Read Replies (1) \| Respond to of 12623

At the time, they owned a significant piece of Cascade, which today as part of ASND, is a much bigger player in the carrier space that CSCO wants badly to penetrate At the time Cisco bought StratCom, Cascade was way overpriced. As far as CSCO "paying top dollar", and keeping "engineers happy", their first and only obligation is to their shareholders Most shareholders don't even know what a router or switch is. Fair price is market price. Tell that to AMZN.