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

To: Paul A who wrote (3787)	9/14/1998 9:44:00 PM
From: Bald Man from Mars	Read Replies (2) \| Respond to of 7342

I guess the only thing we can do at this time is hope ... This Ciena and Tellabs are bullshit companies ...

To: Paul A who wrote (3787)	9/14/1998 9:52:00 PM
From: Beltropolis Boy	Respond to of 7342

Heres my take... The arbs got burnt in a royal fashion on both tlab and cien. amen! praise the lord and pass the mescaline. we all deserve a drink. what a long strange trip it's been. ----- U.S. OPTIONS/Ciena active as merger plans canceled 09/14/98 7:48PM CHICAGO, Sept 14 (Reuters) - Trading in Ciena Corp. and Tellabs Inc. options was brisk Monday after the two telecommunications companies canceled plans for their $4.7 billion merger pact. The news left arbitrageurs in a panic, scrambling to unwind positions as shares in both companies tumbled. "There are arbs who lost four years of profit on that (Ciena/Tellabs) deal. They're are just inside out on this one," a trader said. Implied volatility on the options eased on the belief that the worst is now over, options analysts said.