Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bald Man from Mars who wrote (3344)	9/19/1998 12:21:00 PM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 12623

Hi Baldy, in your opinion, is Ciena a good investment at this price, and will someone pick this baby up at a premium ... Re good investment, yes, and although I usually refrain from commenting/predicting stock movement, I would be confident in Ciena rebounding in the intermediate to long term, relative to all other points of reference. I also think that their announced restructuring of their sales/marketing org was merely a needed step, since they were most likely previously [and very likely disproportionately] planning and depending on a newly formed TLAB-Ciena marketing team structure, which, of course, never materialized. In other words, I wouldn't view that move as entirely significant or indicative of trouble... although, at the present time, trouble is one commodity that they have a sufficient supply of. I'll take a pass on the takeout Q, tho, if you don't mind. There are too many erstwhile larger suitors who are now in field themselves very heavily, and I don't have a good feel for potential synergies and complimentary value propositions right at this time. Regards, Frank C.