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

To: gbh who wrote (3446)	9/22/1998 10:44:00 AM
From: pass pass	Read Replies (1) \| Respond to of 12623

Why will this stock even recover at all? If so, how long and what does it take for this issue to turn around and go up? ASND has done all it can and now only trades half its all time high. I wonder if CIEN will ever see 90 at all.

To: gbh who wrote (3446)	9/22/1998 11:54:00 AM
From: Bob Smith	Respond to of 12623

<<My guess is Nettle says "YES"...but links it to the share of CSCO's stock price..say .5 (or whatever). This way CIEN shareholders can rise with CSCO. Again, I agree with you about CIEN offering their shareholders better value by pegging there share price to a growth monster like CSCO. However, your .5 number is WAY off. Try .3. Thats a hefty premium over CIEN's current price, and probably more than CSCO is willing to pay, IMO. Will Nettles drop this low? Unlikely...>> If you read an earlier post of mine, I shared that CSCO would offer ONCE CIEN was in the $15-16 area. CSCO values CIEN as an R&D play probably more so than a pure revenue play. Chambers wants CIEN's DWN as the next interface to their networking devices. I'm patient...