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

To: Sye Walsh who wrote (5354)	11/6/1998 4:42:00 PM
From: JC Reddy	Read Replies (2) \| Respond to of 12623

Friday November 6 4:22 PM ET Enron works on Internet data network SAN FRANCISCO (Wired) - Enron Communications announced a deal Tuesday with Cisco Systems and Ciena Corp. (Nasdaq:CIEN - news) that the company expects will move it closer its goal of building a nationwide Internet protocol data network. The IP backbone is expected to provide a high-speed data transfer alternative to the public telephone system. It will be built alongside the natural gas pipelines owned by Enron, Enron Communications' parent company, which operates energy and water facilities worldwide. The company has already begun construction on two routes of the backbone, but will be leasing lines from other carriers to offer a national network. Enron began construction on a Portland, Oregon, to Los Angeles line last year, and broke ground on its Salt Lake City to Houston route on 21 October. Those lines will be completed by late 1998 and late 1999 respectively. Enron spokesperson Tracy Smith said the new lines would allow Internet service providers to offer new applications and services to consumers that require a bigger data pipeline.