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


To: Baldwin who wrote (7015)4/19/1999 12:56:00 PM
From: Daniel G. DeBusschere  Read Replies (1) | Respond to of 12623
 
Tellabs will regret the failed merger with CIENA? -

"I wouldn't say that we feel the kind of desperation" of some rivals, says Birck. "We're not on a mission" to acquire. Tellabs is pushing its own R&D effort: For example, this summer it plans to start field tests of a bandwidth-boosting system for local fiber-optic networks that would compete directly with Ciena. Still, Tellabs' business-development group continues scouting numerous start-ups. Birck says the company lacks Internet technology and cannot count exclusively on its own labs.

Tellabs has a fat acquisition wallet, given its rich market value of $21 billion and cash hoard of $811 million.
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Another six months and someone will be starting to get very desparate in my opinion. You just do not slap together a successfull DWDM product in the time frame allowed by the current market window.