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: MStonek who wrote (7149)	5/21/1999 5:18:00 PM
From: Moneysmith	of 12623

Its pretty hard to manipulate with 11 million+ volume..... 3 things made it move: 1. better than expected results. 2.some buy recommendations issued today (Soundview and BancBoston) 3.Technical breakout through $29 on heavy trading. The June calls were very active; 2864 of the June 30's traded closing at $2.75. There was very limited put activity. And finally, there is no such thing as a May 30 put on this stock. Case closed.

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