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Technology Stocks : Ciena (CIEN)
CIEN 193.35-4.5%Dec 3 4:00 PM EST

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To: sydney who wrote (8114)2/19/2000 2:48:00 PM
From: James Fulop  Read Replies (2) of 12623
 
>>plus heavy "popular" trading on companies that have potential without good earnings, as the e-stocks did in Jan.1999<<

Interesting. Now I understand your posts.

>>People just want to make money and don't really care what a company does..."immediate" gratification. We all fall victim.<<

Perhaps some of the CIEN buyers will fall into that category (as is the case with all stocks.) But you may be misjudging if you think all of them do....not that it matters to you...Oh, and just out of curiosity, would you say that some of the institutional buyers that we have seen come to buy CIEN (see last week's IBD posts) are the same sort of "immediate gratification" buyers?

PS The last I checked, "non-exclusive" contract basis revenue is as legitimate as any other kind of revenue....
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