Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 199.26

-1.1%

Nov 7 4:00 PM EST

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To: MStonek who wrote (7735)	11/5/1999 1:59:00 AM
From: Steven Ivanyi	Read Replies (3) of 12623

To my understanding the news from CIEN - the news from CIEN is the important point here. From my point of view the stock has been going up on rumor and conjecture. The definite news is out. Now the professional players sell as a rule. Remember buy the rumor sell the news. I still feel that 40 mil contract over three years and contingent on a new and unproven technology is weak news. That is how I feel about it. It is not earth shaken stuff and the market will realize this and correct. I may be wrong but I trust my gut instincts more than anything else. Happy trading. Steven

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