Article: Linthicum, Md., Technology Firm's Stock Plummets after Lost of Major Sale.

Article: Ciena's lost deal hits share value, shot at merger.(Business)
The Washington Times;  August 22, 1998 ;     439 words ......one of its shares for each Ciena share. But yesterday's stock...those terms unreasonable as Ciena shares fell while Tellabs...Analysts say Tellabs still could buy Ciena but at a lower stock-swap ratio. Ciena is a fast-growing company...than half of expectations. Ciena shares tumbled ...

Article: Ciena Reports Quarterly Loss Of $1.8 Billion; Company Expects More Red Ink in 2002
The Washington Post;  December 14, 2001 ;     700+ words ...Not only did Ciena Corp. lose $1.8 billion in its fiscal fourth...percent from its fourth-quarter level. Ciena was expected to have a profit of 34 cents...expects to lose 8 to 12 cents per share. Ciena's stock closed down $3.03 yesterday at...

Article: Ciena to Acquire WaveSmith Networks; Deal to Give the Firm 7 More Customers
The Washington Post;  April 10, 2003 ;     459 words ...Ciena Corp. announced yesterday that it agreed to purchase WaveSmith...optical-networking equipment, for $158 million in stock, a deal Ciena said would help its flagging sales. The Linthicum-based company...cash had dwindled to between $18 million and $19 million. Ciena, which has reported six straight ...

Article: WorldCom purchase slowdown hits Ciena.(Business)
The Washington Times;  February 21, 1998 ;     353 words ...Ciena Corp.'s shares dropped 28 percent yesterday after the company said one of its major...Linthicum, Md., company reported healthy financial growth for the quarter. But Ciena also said WorldCom Inc., one of its main customers, would slow purchases of Ciena's equipment until late 1998. [The announcement] ...

Article: Md. Fiber-Optics Firm Ciena Narrows Loss Despite Revenue Drop
The Washington Post;  May 23, 2003 ;     444 words ...Ciena Corp. announced yesterday that it trimmed its losses but...87.1 million. Economic recovery won't be immediate, but Ciena is starting to meet some milestones by winning new customers...executive, told analysts in a conference call yesterday. Ciena expects revenue of $65 million to $75 million this ...

Article: CIENA and ONI shareholders approve merger.
M2 Presswire;  June 20, 2002 ;     700+ words ...M2 PRESSWIRE-20 June 2002-CIENA: CIENA and ONI shareholders approve merger (C)1994-2002 M2 COMMUNICATIONS LTD RDATE:06182002 LINTHICUM, Md. and SAN JOSE, Ca. -- CIENA Corporation (NASDAQ: CIEN) and ONI Systems Corp. (NASDAQ: ONIS...

Article: Ciena Adds Stake in Private Tech Firm
The Washington Post;  September 11, 2003 ;     341 words ...Ciena Corp. of Linthicum, Md., announced yesterday that it took...based private technology firm that makes network devices Ciena plans to market to its own customers. The investment, which...Partners -- is the latest in a series of investments for Ciena, which makes fiber-optic equipment used in high- speed ...

Article: Ciena Loss Grows as Revenue Falls 80%; Md. Fiber-Optic Firm Cites Telecom Slump
The Washington Post;  May 24, 2002 ;     669 words ...Ciena Corp., the second-biggest domestic maker of fiber-optic equipment...shows any sign of reviving. Stock in Linthicum, Md.-based Ciena has dropped 90 percent in the past year, and yesterday fell...Cost cutting by the 66 telecommunications companies that are Ciena's customers has been "extreme," Gary B. ...

Article: Linthicum, Md.-Based Ciena Corp. to Buy Massachusetts Telecom Firm.
Knight Ridder/Tribune Business News;  April 10, 2003 ;     529 words ......Knight Ridder/Tribune Business News Apr. 10--Ciena Corp., the Linthicum maker of fiber-optic...in a stock deal valued at $158 million. Ciena will buy all of privately held WaveSmith Networks stock for 36 million shares of Ciena common stock. The $158 million value of...

Article: Ciena to Cut 10 Percent Of Jobs in Restructuring; Firm Says It Will Meet Earnings Forecast
The Washington Post;  November 13, 2001 ;     579 words ...Ciena Corp. said yesterday that it will lay off 10 percent of its...recent acquisitions. But Wall Street cheered yesterday after Ciena said it would meet analysts' financial forecasts when it...tied to the layoffs, which affect 380 manufacturing workers, Ciena officials said. Maryland employees make up ...

Article: Ciena Sees Its Chance; Despite a Major Merger Failure, The No. 3 Fiber-Optics Firm Goes on a Growth Spurt
The Washington Post;  April 10, 2000 ;     700+ words ......Koehler and a hundred of his colleagues at Ciena Corp. gathered in the cafeteria for what...deal was aborted that morning, sending Ciena's market value on a tailspin to $1 billion...all had hoped to become wealthy on the Ciena stock options they held. Koehler, now Ciena...

Article: Cancelled contract unbalances Tellabs-Ciena mergers
Telecommunications;  September 1, 1998 ;     295 words ...NEW YORK - Ciena Corp. shares plunged last month in the wake of...cancelling and important equipment contract with Ciena. Originally Tellabs had agreed to a US$6.3 billion allstock offer for Ciena, but news of AT&T's cancelled order and disappointing...

Article: Ciena Sheds One-Fifth of Workforce
The Washington Post;  March 27, 2002 ;     581 words ...Ciena Corp. yesterday laid off an additional 650 people, or 22...were hit hardest, as 455 people in the area, primarily in Ciena's manufacturing facilities, lost their jobs, said Glenn Jasper, a spokesman for the Linthicum, Md.-based company. Ciena employed 3,895 people six months ago; it now has 2,275, ...

Article: Ciena Narrows Loss, Boosting Hopes, Shares; Maryland Telecom Firm Sees an End to Decline
The Washington Post;  December 13, 2002 ;     680 words ...Ciena Corp. reported another quarter of precipitous year-over...sparked a flurry of trading in telecommunications stocks. Ciena said its fourth-quarter loss was $754.8 million ($1.75 per...revenue of $61.9 million. In the fourth quarter a year earlier, Ciena posted a loss of $1.8 billion ($5.51) and sold ...