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Pastimes : Home on the range where the buffalo roam

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To: Walkingshadow who wrote (7034)11/29/2000 10:00:39 AM
From: Boplicity  Read Replies (1) of 13572
 
Well I went for this am at 79.5. Target price 60. I know I know, I'm joining the crowd on this one and earnings are coming, but I felt safe with the break down and sector CIEN operates in to provide negative news in a steady stream.

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09:36 ET CIENA Corp (CIEN) 79 3/8 -4 5/8: Hearing trading floor rumors that Alcatel (ALA) will announce a contract win for DWDM gear with Sprint (FON) at an analyst meeting today; Sprint has historically been one of Ciena's largest customers and accounted for more than 10% of Ciena revenues in 1999.>>

Greg
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