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: Glenn D. Rudolph who wrote (3463)	9/22/1998 12:54:00 PM
From: Pierre Aydin	Read Replies (1) \| Respond to of 12623

Anyone that listens to these ANALyts got to be an idiot, how can you believe these A holes when they upgrade at 80's and downgrade at 12's. Long and hoping for a nice move. Pierre

To: Glenn D. Rudolph who wrote (3463)	9/22/1998 12:57:00 PM
From: Adrew Thanh	Respond to of 12623

I think it is time to buy CIEN when all the firms lower the rating to hold. The reason is that they don't want all of us to buy at this price by putting a hold rating on it so they can get the shares at a cheap price. They all know that CIEN can not and will not be able to stand on its own without merging with a bigger player in the field. It's just a matter of time before CSCO, ASND, or even LU come knotting on the door.

To: Glenn D. Rudolph who wrote (3463)	9/22/1998 3:01:00 PM
From: S. M. SAIFEE	Read Replies (1) \| Respond to of 12623

Glenn/Jan. What is going on? 18 mil @ 15

To: Glenn D. Rudolph who wrote (3463)	9/22/1998 4:38:00 PM
From: flyboy	Read Replies (2) \| Respond to of 12623

Analysts are a JOKE look at your own figures THIS stock is on fire!! They have a vested interest in lowering the price until they can buy in then the will issue a BUY after they hold the paper or fear the price going down IMO C I A O!

To: Glenn D. Rudolph who wrote (3463)	9/23/1998 10:02:00 AM
From: Jay Rommel	Read Replies (1) \| Respond to of 12623

Lucent Sees No Evidence Implicating It In Anonymous E-Mail To Rival Dow Jones Online News, Tuesday, September 22, 1998 at 22:58 By Shawn Young, Staff Reporter NEW YORK -(Dow Jones)- There is no evidence that Lucent Technologies Inc. or one of its employees was the source of a disparaging, dead-of-night, anonymous e-mail about one of its competitors, a Lucent spokesman said Tuesday. Ciena Corp. (CIEN) said last week it had traced the e-mail to a Lucent (LU) facility in Murray Hill, N.J., where Lucent has its headquarters. The e-mail was sent at 3:47 a.m. Aug. 28 to Ciena's former merger partner, Tellabs Inc. (TLAB), before the $7 billion merger agreement between Tellabs and Ciena collapsed amid a downpour of bad news from Ciena. It accuses Ciena of faking test results on its phone-network equipment. Ciena's stock suffered a steep decline after the merger fell through, sinking $8.531 to $19.75. Ciena said in a filing with the Securities and Exchange Commission last week that it suspects the merger may have been undermined by "legally questionable" activities by competitors. It did not give specifics. Ciena has consistently stopped short of accusing Lucent or its employees of sending the e-mail or sabotaging its merger, but it did say it traced the message to a Lucent address. Indeed, it did come through a Lucent address, but one that is available to the general public and that handles more than 600,000 transactions a day, said Lucent spokesman Bill Price. He said the e-mail came through a Lucent service that helps Internet users evade marketers and other sources of unwanted e-mail by, in effect, giving them an alias and a dead-end return address. The fact that the e-mail came through that server, located in Murray Hill, hardly means Lucent was responsible, Lucent spokesman Price said. "It never touched our internal network," he said. It is possible but improbable, Price said, that a Lucent employee could have used a laptop to log on to the Internet through a public Internet provider and sent the message over a phone line through the Lucent Personalized Web Assistant. But there's no evidence that is what happened, he said. "It's ludicrous to implicate Lucent simply because the server sits on our facility," Price said. "The service is available globally to the public and averages 600,000 transactions per day from people outside Lucent." The company has been investigating the e-mail, he said, and it has uncovered no evidence linking anyone on its staff to the message, which has been traced to an e-mail account with an Internet service provider Price declined to identify. "We've got no evidence that any Lucent employee originated this message," he said. Both companies said they continue to investigate the source of the e-mail. Dan McCurdy, Ciena's vice president for marketing and strategic transactions, said "we have no reason to doubt them." "We have never made any allegation that it was Lucent," he said. "We have never made any allegation that Lucent did anything wrong." However, he said, the origin of the e-mail remains a mystery. McCurdy last week said the allegations in the e-mail are "categorically false." -By Shawn Young; 201-938-5248; shawn.young@cor.dowjones.com Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved.