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Technology Stocks : Ciena (CIEN)
CIEN 214.35+0.7%Dec 9 4:00 PM EST
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To: Stewart V. Nelson who wrote (449)6/24/1997 6:14:00 PM
From: Mama Bear   of 12623
 
>>>There will be short-term fluctuations in their stock price which you might be able to exploit, but this company has as bright a future as the fiber they are lighting.<<<

Well, I guess I agree, but at these levels I think that future is priced into the stock. Soon enough ~75 million shares will come onto the market. Another 10 million will be "flipped" by secondary buyers. Do you really think there are enough buyers to sustain the current price?

With all due respect,

Barb
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