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

To: Elmer Flugum who wrote (6635)	3/2/1999 11:35:00 AM
From: Nevin S.	Read Replies (1) \| Respond to of 12623

Interesting news over the last two days. Mergers and acquisitions heating up in telecom sector: Reltec, a manufacturer of digital loop carrier equipment gets taken out by a division of GE - Britain and Xylan a maker of ATM switching equipment is bought by Alcatel. Seams that the telephone boys really want to get into data. I wonder how long it will be before some of the data boys (networking) want to get into communications. biz.yahoo.com Tuesday March 2, 10:55 am Eastern Time Alcatel to Acquire Xylan Corp. XYLAN CORP. To be Acquired by Alcatel Mar. 2, 1999, Alcatel (NYSE:ALA - news) reported that it entered into a definitive agreement to acquire Xylan Corp. (Nasdaq:XYLN - news) for $37 a share. The transaction is valued at approximately $2 billion. dailynews.yahoo.com Tuesday March 2 12:52 AM ET GE Britain Buys Reltec For $2.1 Billion By Greg Mahlich LONDON (Reuters) - General Electric Co. Plc of Britain, moving quickly following the sale of its former core defense business, Monday bought Reltec Corp. (NYSE:RLT - news) of Ohio, a closely held telecommunications equipment maker, for $2.1 billion.