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

To: jach who wrote (4782)	10/31/1998 1:12:00 PM
From: Bald Man from Mars	Read Replies (1) \| Respond to of 12623

I think a buyout is likely to come about after CIENA announces new big contracts, the cancellation of contracts is the reason that the deal with Tellabs fell apart, and it is the precise reason that Ciena can bring the Tellabs people back to the merger, I think Tellabs will offer .6 shares which is about 33 bucks a share ... If Tellabs CEO thought that Ciena people think they are worth 30-40 a share, 33 will be a fair price to pay ... and he can justify that price if Ciena has new contracts ... this will clear up by the end of next week ... if Ciena does announce new contracts on the Soundview Conference, expect merger news by the following Monday ... all will be known in about 10 days ...