SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ciena (CIEN)
CIEN 236.75+2.8%Dec 22 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Daniel G. DeBusschere who wrote (9363)7/13/2000 5:39:08 PM
From: jghutchison  Read Replies (1) of 12623
 
Hi Dan,

That CFRA "news" was much ado about nothing. The real reason for the short term selloff was a five million share block of stock that was swallowed with barely a hiccup. The talking heads said nothing about that. Yesterday's volume was about twice the normal five and half million shares.

The fundamentals and technicals of the stock are still looking great. Take your cues from the sector. Earnings are rolling in and blowing the numbers away. Redback for example. Demand is insatiable for bandwidth and the hardware that provides it.

Jack
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News