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

To: Jan Crawley who wrote (3476)	9/22/1998 3:01:00 PM
From: Adrew Thanh	Respond to of 12623

Another 2 million shares in 3 minutes. Incredible!!!!

To: Jan Crawley who wrote (3476)	9/22/1998 3:07:00 PM
From: Helios	Respond to of 12623

Ok, but where did you hear the rumor?

To: Jan Crawley who wrote (3476)	9/22/1998 3:08:00 PM
From: william liao	Read Replies (2) \| Respond to of 12623

such big move indicates more than a piece of good news on japan new order. if your rumor was real, cien should be at $25 with .4 csco price. but i believe that is too low. cien will not let it go for below .5. remember cien was not willing to renegotiate down its price for second time with tlab. cien does not want to see its takeover price below $30.

To: Jan Crawley who wrote (3476)	9/22/1998 3:23:00 PM
From: Asymmetric	Read Replies (1) \| Respond to of 12623

Ciena up on takeover rumors, new contract NEW YORK, Sept 22 (Reuters) - Shares of telecommunications equipment supplier Ciena Corp. rose 26 percent on Tuesday amid rumors it may be a takeover target following its failed merger with Tellabs Inc. (Nasdaq:TLAB - news), analysts and traders said. Ciena's announcement of a contract to supply new equipment to Japan Telecom Co. Ltd. also added to the share activity, analysts said. Shares of Ciena, the most active Nasdaq issue, gained 3-1/16 to 14-1/16 on volume of more than 16 million shares compared with average daily volume of about 10 million shares. (Vol now up over 20 million shares traded)