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No. of Recommendations: 0
The one thing that does make this one difficult to evaluate and recommend is the recently announced merger with Ciena. Large mergers of high tech companies do not seem to have a great track record.

Well, I have a good contact who is an engineer at Ciena. Just talked to him and pretty much everyone there is very bullish on the merger with Tellabs. They expect good things to come from it.

I would mostly be concerned with them chasing the giant that is LU, but from what I understand Ciena's bit of this is quite a bit more advanced than anything LU has. Of course, my information has been fairly one sided :).

Has anyone considered purchasing the cheaper of the two companies (Tellabs and Cienna)? The merger, which doesn't appear to be facing any hurdles, is a 1:1 stock trade. Picking up the cheaper of the two (currently Ciena, and likely to stay that way) might be a strategy. Of course, if the merger fell through for some reason, Ciena shares are going to tank. It's been a very volitile stock traditionally and is pretty close to the 52-week high right now.

Zathrus
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