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Technology Stocks : Ciena (CIEN)
CIEN 194.70+9.2%Nov 24 4:00 PM EST

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To: A.L. Reagan who wrote (9694)10/23/2000 8:16:36 AM
From: jghutchison  Read Replies (1) of 12623
 
A.L.Regan,

I think your analysis is right on the money.

I take it one day at a time and look for changes in perception. Right now, the perception of Ciena is improving as institutional investors are beginning to view this company as a "must own" stock.

The risks of ownership go with territory of hypergrowth companies. Don't we all wish we had the vision to see msft, csco, dell etc. emerging as 1990's decade stock plays with 10,000% returns.

In my view, Ciena is the play of this decade. I cannot find a single company whose prospects exceed that of Ciena, and I continue to search. That is my job.

Jack Hutchison
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