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Technology Stocks : Ciena (CIEN)
CIEN 230.45+9.4%4:00 PM EST

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To: Tom Hua who wrote (381)6/14/1997 3:52:00 AM
From: Jim Rathmann   of 12623
 
Tom, What do you think of writing naked calls on CIEN?
Good lord, the JAN 55's are bid at 8 1/2! Does ANYONE think this stock will be above $63 by the end of the year? Not only should the price tank after the lockup expires, the volatility should dampen pretty well also.
jim
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