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

To: Tarzan who wrote (5913)	12/15/1998 12:54:00 PM
From: gbh	Respond to of 12623

** THE REALITY ** Q: Are you interested in XYZ Corp.? A: You will find out only when we acquire them. Until then, none of your damn business. Ahh, now I see the basis of your "research". Quite in depth, I might add. <GGG>

To: Tarzan who wrote (5913)	12/15/1998 2:51:00 PM
From: Tom Aellis	Read Replies (4) \| Respond to of 12623

Anyone notice the Jan 30's calls. Over 2700 contracts. Any comments?

To: Tarzan who wrote (5913)	12/15/1998 9:58:00 PM
From: john dodson	Read Replies (2) \| Respond to of 12623

Tarzan, Well, first of all, it's not as simplistic as you're implying. For one thing, CSCO would be legally liable for blatantly mis-stating reality. If the CEO says, we are not interested in acquiring Ciena, and have not talked with them about merger, then he puts his company at huge legal liability if they turn around and do it anyway. We're talking major law suit that they would almost certainly lose. Clearly, if CSCO had any interest in Ciena, they would have skirted the issue, like TLAB did. Don't deny or confirm. No legal obligations that way. What CSCO did was to clearly state that they are not interested. Could change in a year or two, but for now, no dice. -John