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

To: mmeggs who wrote (4770)	10/30/1998 8:57:00 PM
From: Gabor	Read Replies (2) \| Respond to of 12623

Dear mmeggs, Your adding to this chorus is one of the most refreshing message I ever received.I couldn't ever stated it more eloquently.I agree with you 100%.Before the tlab buyout ann. the co. was trading in the 40-50+ range.When I said 30-35 I was being conservative,because a slip of a tongue will bring brimstones of responses from many people,which I could do without.There is such a thing anticipation and psychology to trading and a certain inner feelings which is an individual matter.In 2 wks I made over 200Gs on this stock,why I can't explain intelligently.Just as nsm I jumped in at 9 knowing that NSM is not about go out of Busn anytime soon.I called it long term investment.Most of the time I am only a short term trader and day trader.The only time I have lost serious moneys is when the CEO lied,such as in SHVA-$390Gs APM -$1.6Mill Since that time I did make it back and I am no longer pay any attention of what CEOs are saying .Hope my employees don't read this for obvious reasons. Best Regards, Gabor

To: mmeggs who wrote (4770)	10/31/1998 11:29:00 AM
From: geoffrey Wren	Respond to of 12623

My theory of perhaps why the ceo of tlab said that cien thought cien was a 30 to 40 dollar company a week ago, with the inference that this was too high a price. Maybe this is a trial baloon to see response to that price figure, that is, "spin" in advance of a new friendly takeover, adjusting Ciena shareholder's expectations to a figure somewhat less than the informal demand of $30-$40 share. There must be a reason he would give this comment. It could not have been casual, could it? And now, $40 is a ceiling on price for sure. September 14, when the cancellation was announced Tellabs President and CEO Michael J. Birck said, ''We continue to believe that CIENA's products and technology would have provided a good fit with Tellabs' business. However, in light of the changes in CIENA's financial outlook and since required approval of the transaction by Tellabs' shareholders is unlikely, we have therefore mutually agreed to terminate the merger agreement. This decision does not change our interest in optical-networking technology and markets as part of our long-term strategy.'' The deal was originally one share for one share, then later adjusted to .8 shares Tellabs for one share of Cien. Maybe they will try to put it back together for .5 shares or something like that. After TLAB drops 10% on that news, it would equate to $25/share for Ciena. Geoff Wren

To: mmeggs who wrote (4770)	10/31/1998 11:55:00 AM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 12623

mmeggs, "Just to add my voice to the chorus... " Your voice may be slightly out of tune here next to some of the other singers, but it sounds good to me, nonetheless. TLAB and CSCO are not the only companies that could benefit from a CIEN, by the way. I don't know why folks are establishing artificial collars on the basis of suggested offering prices that some analysts themselves consider to be a wabbly proposition (e.g., TLAB... although I personally like them for a number of contrarian reasons), and on the basis of a company (CSCO) who has mastered the disciplines of partnering and outsourcing relationships to firms when the product or service in question was outside of their core competence. On this matter of an artificial (market perceived) collar that some say should be the direct result of fundamentals entirely, how do we then account for the meteoric growth of concept stocks with no PEs at all to speak of? Someone mentioned AMZN as an example. I mention concept stocks for a reason, because CIEN is just now emerging from what was very recently considered to be one. The optical networking proposition is just now getting out of the nascent concept stage, in the cosmic sense. In CIEN's case they benefit from both the influence of this proven concept edge, as well as the fact that they possess an historical revenue trail behind it... one which, IMO, is perched to widen considerably, each day. A weighted opinion which takes both of these factors into account [concept and track record] points very favorably towards not only CIEN, but to a number of its peers in the photonic networking sector, as well. Comments welcome, and Best Regards, Frank Coluccio