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Technology Stocks : Ciena (CIEN)
CIEN 230.45+9.4%4:00 PM EST
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To: ratan lal who wrote (10369)2/15/2001 12:24:25 PM
From: chojiro   of 12623
 
>>it can still go higher and the fast move up today suggests it could go as high as 140 in the next 3 weeks,

Thing here is that it is propelling the COMP in some oversold conditions. If the rest of the market begins to wane, CIEN will follow and be back to the mid 70s at best middle of next week.

I'm hoping I can watch the CNBC thing during lunch. Otherwise I will just have to highball the quote and put an order to sell some at 96.

As always, good luck with it. And remember, expensive is still expensive

EDIT: I will admit though I did not expect it to be this strong. I can live with it though.
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