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Technology Stocks : Ciena (CIEN)
CIEN 252.98-0.2%Feb 5 4:00 PM EST
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To: RumbleFish who wrote (323)6/7/1997 11:57:00 PM
From: Tom Hua   of 12623
 
Fish, since I'm a fundamentalist, I believe there are no long term buyers of CIEN stock these days. I have not heard from anyone who can explain why CIEN is a buy (with numbers for justifications) for reasons other than hey it's going up. Obviously, these people are playing the greater fool game. This bubble will burst, and the last guys will be left holding the bag. What I see in CIEN alarmingly resembles VVUS's stock and trading pattern earlier this year.

Regards,

Tom
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