Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 214.35

+0.7%

Dec 9 4:00 PM EST

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To: Edward Ip who wrote (4758)	10/30/1998 7:25:00 PM
From: John M. Gelnieau	of 12623

You can't listen to all these so called experts writing all their BS opinions. Clearly the valuation should reference revenues and not earnings. This reporting makes the point that if you don't know the difference then buy mutual funds and stay away from individual issues. You must be able to d oyour own D.D. otherwise misinformation and bad information will lead you to the grim reaper. The grim reaper is no aquaintence you wish to make becuase he holds no prisioners. This was a screaming buy at anything less than $15. It is now a good speculative buy based on potential contracts and continued merger speculation. I look forward to next week. For one, look at the up line on NASDAQ. Can it continue straight up from the bottom, or must it retrace. If so, how far will CIEN and others follow. If they do how fast will the weak hands exit? Rgds

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