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


To: Cents who wrote (5555)11/22/1998 3:27:00 AM
From: P314159d  Respond to of 12623
 
I have not heard of any such timing. Cannot speak on such timing, just the general interest factors. Tellabs smartly waited for the debacle with LongTerm to settle down and the Fed helped out as well. Now they can try to go again and convince the shareholders.
Even a lower price like 3.5 b. is $32, good from here. That's why it is still a good play. If it is to be a favorable deal with TLAB, it has to go soon since Ciena's numbers are going to tank soon.

But paying over $24 is pretty tough ( that is why the stock reversed so quick there) since that leaves only about 10% if the deal goes at $3b.