SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?


To: James Fulop who wrote (6866)4/5/1999 4:07:00 PM
From: Robert  Respond to of 12623
 
Because they have dilluted the stock, provided nothing but empty promises, and failed to announce significant improvements to their core buisness.....R



To: James Fulop who wrote (6866)4/5/1999 4:08:00 PM
From: Daniel G. DeBusschere  Read Replies (2) | Respond to of 12623
 
No sure why but this reminds me of ASCEND after they acquired CASCADE-
The street (esp day traders) just do not understand the strategic importance of the last two acquisitions that CIEN made. When ASCEND bought CASCADE the street was down on them; but they converted it into a $20B buyout by LU. If they had not bought CASCADE and not marketed the GBX550 ATM switch, then LU would not have paid $1B. These acquisitions by CIEN will position it as a MUST HAVE for one of the big players and they will have to pay dearly to get control. So load up while the getting is good would be my advise.



To: James Fulop who wrote (6866)4/5/1999 4:56:00 PM
From: James Fulop  Read Replies (1) | Respond to of 12623
 
Well that was interesting.... two very different responses with a third on the religious side... lol
Seriously though, I am more curious as to why this happened today as opposed to when the news of the acquisitions came out.... perhaps some speculative money taken out to play FORE?