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puddnhead_wilson
puddnhead_wilson
12/4/2012 | 10:42:35 PM
re: Ciena Slashes Some More
>puddnhead... quite appropriate. DO you know dave7777?

I don't know. Do I? What is your point, to be intentionally obscure? Does it have anything whatsoever to do with the subject of the thread? (my guess is not).
gustro
gustro
12/4/2012 | 10:42:14 PM
re: Ciena Slashes Some More
Just to clear the air about Ciena and supporting the CoreDirector. Around 10% of the organization for CD support has been let go. Whoever got the 36 reduced to 4 numbers probably smoked enough ganja that the numbers were transposed. Try letting 4 of 36 sink in. Otherwise it was clearing the way for the intergration of product lines with ONI. So if you would like a nice way to make some money, buy now.
PhotonGolf
PhotonGolf
12/4/2012 | 10:42:10 PM
re: Ciena Slashes Some More
Gusto ...

Your credibility was so high before that last sentence!

- P
gustro
gustro
12/4/2012 | 10:42:03 PM
re: Ciena Slashes Some More
It should be fairly obvious at this point, why I still work for a living(and not as an investor). I got a little caught up in the moment and slipped into 'win one for the Gipper' mode.
smokeNmirrors
smokeNmirrors
12/4/2012 | 10:41:51 PM
re: Ciena Slashes Some More
Although this has been a rumor for years, I think this may soon be a reality. Too much recent coverage in stock chats, and too many layoffs at CIEN. It actually makes sense.

CIEN: Wait for ONI Acquisition to be completed. Drop K2, Drop CIEN Metro, Keep CoreDirector, Keep ONI Metro and LH/ULH (Corestream??) Products.

CSCO: Monterrey Dead (Need CoreDirector), Drop Pirelli (Use Corestream), Drop Metro (Use ONI), Keep 15454 (Kill K2).

Could spell trouble for NT & LU.

The only thing CSCO would not have is a legacy voice story. They will just hope that VoIP will take off.

Interesting........
nagogpark2002
nagogpark2002
12/4/2012 | 10:41:48 PM
re: Ciena Slashes Some More
Anybody heard how this company is doing? One of my ex-colleagues recently layed off at Ciena got hired at Gotham. I read somewhere that they had are having success in soem customer trails. How come no official news?
BobbyMax
BobbyMax
12/4/2012 | 10:25:05 PM
re: Ciena Slashes Some More
Ciena paid over 4 Billion dollars to acquire Cyras. This was tghe bigesy risky adventure for Ciena and the company is paying a big price for its misadventures. It paid too much but got very little as far as any meaningful product is concerned. Tgey boght the company without proper due dilligence.
sonet49er
sonet49er
12/4/2012 | 10:20:37 PM
re: Ciena Slashes Some More
In a rare move I find myself somewhat in agreement with BobbyMax aka HarveyMudd.

The price tag was less than $4 Billion and I do believe Ciena was not worth the $40/share it was trading at the day the Cyras deal closed.

If you do read the filing of the deal under history of the deal there were performance clauses in the deal, the mistake made was waiving them once "Company B" entered the picture as a rival acquirer.
k_j
k_j
12/4/2012 | 10:20:37 PM
re: Ciena Slashes Some More
A friend of mine mentioned things were not looking as fantastic as hoped.

Are rumors true?
fleshpeddler
fleshpeddler
12/4/2012 | 10:20:36 PM
re: Ciena Slashes Some More
they are losing almost 1/2 their headcount.
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