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Technology Stocks : Ciena (CIEN)
CIEN 268.24+6.5%Feb 2 4:00 PM EST
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To: jghutchison who wrote (11332)7/13/2001 6:29:20 PM
From: Ibexx  Read Replies (1) of 12623
 
Jack or anyone,

Care to comment why ONIS is dropping like a rock? I thought the metro market remains alive and well.

Other than the fact that one of ONIS insiders sold a large block of stocks, I couldn't really find any negative news that would account for the continuous drop. In my own experience, insiders selling is not always meaningful no matter how large the transaction; insiders buying - yes, a clear positive almost in all cases.

Thanks for any insights you may have.

Ibexx
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