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

To: L.B.Nguyen who wrote (4361)	10/16/1998 4:47:00 PM
From: LindyBill	Respond to of 12623

Up 1/4 in a down tech market, Hmmmm. probably shouldn't read anything into it.

To: L.B.Nguyen who wrote (4361)	10/16/1998 4:55:00 PM
From: John F. Dowd	Respond to of 12623

Maybe not. XYLN has been winning many switch contracts away from the big boys. MIS guys are able to see who has the real savvy personnel and gear and who doesn't. If CIEN has the right people to push the product they will do just fine. I still believe that LU stole their tech and sabotaged the deal with that last minute memo. TLAB and CIEN will work together in the future - it is inevitable. They may merge yet. TLAB's price is still 4 to 5X that of CIEN. PE is about 3x on a trailing basis. JFD