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

To: Sawtooth who wrote (4724)	10/30/1998 2:25:00 PM
From: JFTRADERS	Respond to of 12623

The news is everywhere, of a possible buy-out..This not just speculation anymore, next week should definitely bring some results to this stock...Remember, how quickly the CEO of ciena spoke shortly after the possibility of a tellab buy-out again.. But cien believed it worth more.. I agree! Somthing, has to be said next week... Chances are there's a real buyout.. And some insider trading is going on before the news.. I mean really, if you wait to here the news. I guess you can buy my shares for "25"... :))

To: Sawtooth who wrote (4724)	10/30/1998 6:30:00 PM
From: Edward Ip	Read Replies (3) \| Respond to of 12623

It Better say 4X revenue, if not, this stock will be at around 2 bux with P/E of 4... Ed >>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>> <<CBS stock writer says buyout at 4 times estimated earnings, which would be about $20>> Didn't the article say 4 X REVENUE? (Which would be > $20, I think; don't have any #'s in front of me.)