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

To: denni who wrote (7119)	5/20/1999 4:41:00 PM
From: Moneysmith	Read Replies (2) \| Respond to of 12623

CIENA 2q net $.01/diluted sh on chg vs $.14

To: denni who wrote (7119)	5/20/1999 4:41:00 PM
From: Doughboy	Read Replies (1) \| Respond to of 12623

Lucent is trying its damnedest to spread FUD about Ciena. Case in point: at the precise time Ciena is set to announce earnings, Lucent announces that it won a DWDM contract. Does Lucent really believe it has to bury Ciena in order to compete for market share? Can anybody explain why Lucent thinks that they and Ciena cannot at least co-exist in the marketplace? It makes no sense to me. Thursday May 20, 4:15 pm Eastern Time Lucent gets DWDM contract from British Telecom NEW YORK, May 20 (Reuters) - Lucent Technologies Inc. (NYSE:LU - news) said on Thursday that British Telecommunications Plc (quote from Yahoo! UK & Ireland: BT.L) has selected it to be the main supplier of capacity-expanding technology for the British telecom giant's core network. Lucent, the world's largest telecommunications equipment maker, did not say what the expected value of the contract would be, and a spokesman was not immediately available to comment. Lucent said it has already begun the installation on BT's network. The contract follows a competitive bidding process, Lucent said, and a trial of its technology. The technology to be used, dense wave division multiplexing (DWDM), multiplies capacity by splitting the light inside optical fibers into multiple channels, each with the capacity of a full fiber. DWDM was pioneered by Ciena Corp. (Nasdaq:CIEN - news), which is set to report earnings after the close of trading today. Lucent said it has the largest deployment of DWDM equipment worldwide, and 29 percent of the global market. Its shares fell $1, to $58.8125, in trade Thursday on the New York Stock Exchange.