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

To: Michael F. Donadio who wrote (5466)11/16/1998 9:26:00 AM
From: JFTRADERS  Read Replies (1) | Respond to of 12623
 
How reliable is this rumor??, Ciena appears to have made a base at these levels.. But, could this be another "3rd" time for a take over rumor??

Or can the Co. be trying to grow on its own first, before talking buy-out again?



To: Michael F. Donadio who wrote (5466)11/16/1998 12:46:00 PM
From: Peppe  Read Replies (3) | Respond to of 12623
 
<Ciena is ready to merge with Tellab for about $32.00 in cash.>

My DD shows that TLAB has under $200 million in cash on hand. A cash deal for CIEN would require over $ 3 Billion.

Not gonna happen. Has to be a stock swap deal, when not dilutive to TLAB.

Cheers,

Peppe



To: Michael F. Donadio who wrote (5466)11/16/1998 10:59:00 PM
From: Toby Zidle  Respond to of 12623
 
StreetQ has now gone subscription-only. No way to follow up on anything now.


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