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Technology Stocks : Ciena (CIEN)
CIEN 252.98-0.2%Feb 5 4:00 PM EST

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To: jian xu who wrote (137)4/30/1997 3:49:00 PM
From: Jon Huang   of 12623
 
Wow,

One of the strongest stock on Naz today!

Big blocks buying Ciena today. Stock up on very strong volume! This could be a trend reversal, or has it already begun?

Near term upside price target 33 -35, downside price target 27- 28...

Now 23 seems to be a very reasonable price to get into CIEN a couple of days ago. T/A looks very strong, with the help of overall Naz advance of course.

Buy on dips and short on spikes, it should settle at around 30 for a few days..

Jon
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