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Technology Stocks : Ciena (CIEN)
CIEN 252.98-0.2%Feb 5 4:00 PM EST

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To: Tom Hua who wrote (309)6/7/1997 7:50:00 PM
From: Alex Burns   of 12623
 
This reference in Barron's may be significant. My opinion is that Barron's writers pick their words carefully. However, this is not clearly negative. It is clearly a warning, tho.

Did you ever wonder why out of all the insider transactions that they could publish, why they choose to print the ones they do... My opinion is that they choose the ones which they think are most deserving the bad news...

These kinds of articles may not have an immediate impact. I read about a famous short seller that routinely waits 6 months after the first negative Barron's article brfore considering selling a stock short...

Let me reiterate that I don't think that what was written about Ciena in this week's Barron's is clearly negative or positive, but a mixture of both...

Alex
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