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


To: Bald Man from Mars who wrote (3662)9/24/1998 10:14:00 AM
From: Clare  Read Replies (2) | Respond to of 12623
 
CIEN at 1 billion + is still too big. Cisco has been acquiring small, privately held companies. Can you imagine the hit Cisco, Lucent or Ascend stock would take if they were to make a bid for CIEN? CIEN is damaged goods, and perceived to have brought Tellabs down along with it. Why takeover CIEN when you can partner with them and get the same benefits? No one will touch CIEN in this volatile market because it'll halve their stock price in a New York minute. Even if anyone is interested, they'd wait until the dust settles, and people say, CIEN who? or "Isn't it spelled with a 'V'?" The memory of the TLAB-CIEN bustup is too fresh on investors' minds.



To: Bald Man from Mars who wrote (3662)9/24/1998 11:29:00 AM
From: saju chacko  Read Replies (1) | Respond to of 12623
 
>>>OT<<< you mean you still have more money to spend on CIEN even after your initial purchase at 92/3?

i guess now is as good as any to average down ... heh?

Saju



To: Bald Man from Mars who wrote (3662)9/24/1998 11:31:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 12623
 
BMFM,
I don't know if you are right or wrong, but one of the things that Wall Street likes about Chambers is that he doesn't lie, mislead or exaggerate. I don't think that he would risk his integrity just to get a lower price on CIEN. But, of course I don't have any more insight into the reality of the sitch than anyone else on this thread, just commenting on Chambers' behaviour.
Tom