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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: StockOperator who wrote (1619)3/1/2001 2:27:30 PM
From: adcpres  Read Replies (1) of 52237
 
STockOperator: Looking at a number of old market darlings(JNPR, BRCM, JDSU, INTC and others), we see that today they are all 25% or less of their 52 week highs. However, take CIEN, it has fallen to 45% of its peak and seems to be holding. What do you think are the chances it will break down further to join the rest? Based on what has happened to other TECHS I would have expected CIEN to be trading around 30-35 instead of 68. What is your take on this? GH
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