| JDSU multiple is okay but the stock is continually trounced and a favorite short/put play. I think we can count on CIEN for more downside when folks see that although CIEN was a winner for 2000, its days of parading around with such a huge multiple are numbered. I have no short/put position in CIEN but that's only because I have my hands full with others. These others (TIBX, NUAN, IWOV,NUFO (just friday again), NTIQ, ONIS, BEAS, IDPH, PDII, PDLI, WEBM, CORV, PPRO, NETE, TLGD,PMCS, AMCC, RIMM, ISSX, JNPR, NEWP.. and the list grows longer) are moving down so quickly that soon we might need some new short bait. What better than CIEN? |
