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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: Chuzzlewit who wrote (4983)	2/3/1999 10:29:00 AM
From: riposte	Respond to of 7342

No CSCO/TLAB Merger... From ZDNet... Lucent needed to get big in data networking quickly so it bought Ascend. Nortel bought Bay Networks last year. Cisco, which reported another strong quarter, is encroaching on voice turf, but won't be buying Tellabs Inc. (Nasdaq: TLAB) or Ciena Corp. (Nasdaq: CIEN). "We continue to believe that most major acquisitions will fail," said Don Listwin, an executive vice president. Cisco chief John Chambers did Listwin one better. "The success rate of major acquisitions is less than 50 percent," said Chambers. FULL ARTICLE @ zdii.com