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Technology Stocks : Ciena (CIEN)
CIEN 230.45+9.4%4:00 PM EST
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To: Jim Rathmann who wrote (383)6/14/1997 11:18:00 AM
From: Tom Hua   of 12623
 
Jim, personally I don't like to write naked calls or puts. But I agree the premiums for the JAN 55 calls are very attractive for the writers. I do not think CIEN will be above 63 by Jan 98.

Regards,

Tom
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