Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 200.18

+2.0%

Nov 26 4:00 PM EST

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To: A.L. Reagan who wrote (9689)	10/21/2000 1:37:27 PM
From: mact	Read Replies (1) of 12623

Like everything in life, it's all timing, and right now this baby looks way too hot to short. What is needed is for some of the newer long-haul networks to scale back their (so-far) ambitious expansion plans. ALR, agree that a short position in CIEN not a wise move at this point...CIEN held up remarkably well despite the recent nazzy selloff and earnings restatement secondary to a deadbeat telecom co. not paying them...we are probably just starting a 2-3 month broadbased rally and i wouldnt be surprised to see CIEN into the 200's within the month...as for telecom co's scaling back, i do not see this happening to a significant degree...co's like broadwing, williams and qwest will most likely lay people off(which qwest has already done) rather than scale back on purchases...they do this as their future depends on broadband data based services and they must ramp up if anything deploying fiber to compete and execute their plans...their futures depend on building out the infrastructure. mact

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