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Technology Stocks : Ciena (CIEN)
CIEN 200.29+2.1%Nov 26 4:00 PM EST

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To: Tom Hua who wrote (457)6/28/1997 4:00:00 PM
From: Steven Brunnert   of 12623
 
06/25 SUBSTANTIAL INSIDER TRANSACTIONS REPORTED ON 6/24

ISSUER: FEDERAL FILINGS BUSINESS NEWS
SYMBOL: X.FFI

======================================================= SUBSTANTIAL INSIDER TRANSACTIONS REPORTED ON 6/24/97
------------------------------------------------------------------------
Compiled by Federal Filings Business News
=======================================================
The following is a list of substantial insider transactions and
registrations reported to the Securities and Exchange Commission on
6/24/97.

Sale transactions are considered to be substantial if an
insider disposes of stock with a total value of at least $1 million, and
cuts reported holdings by at 25%. Sales effected through public
offerings are not included.

Any stock purchase with a total value in excess of $1 million
is considered substantial, but smaller transactions that represent a
relatively dramatic increase in an insider's holdings, or situations
where several insiders purchase shares in the same entity, may also be
considered substantial.

All registrations in excess of 100,000 shares (with the
exception of registrations by trusts, foundations, employee compensation
plans, etc.) are considered substantial.

SUBSTANTIAL INSIDER ACTIVITY

SELLERS
=============
Company/Symbol Insider Date Shares Price Holdings
=======================================================
Dollar General Fellers,T-VP 6/11 58,000 $34.98 59,187
Corp. (DG)

Equitable McCaffery, 5/30 45,000 $30.56 21,061
Cos. (EQ) W-VP

NHP Inc. (NHPI) Winokur 5/5 1,182,523 $20.00 79,321
Holdings-BO

NHP Inc. (NHPI) Winokur 5/5 161,940 $20.00 10,820
Holdings-D

Registrations
=============
Company/Symbol Insider Date Shares
=======================================================Ciena Corp. (CIEN) Huber,D 120,000

FEDERAL FILINGS

06/23 SUBSTANTIAL INSIDER TRANSACTIONS REPORTED ON 6/20

ISSUER: FEDERAL FILINGS BUSINESS NEWS
SYMBOL: X.FFI

======================================================= SUBSTANTIAL INSIDER TRANSACTIONS REPORTED ON 6/20/97
------------------------------------------------------------------------
Compiled by Federal Filings Business News
=======================================================
The following is a list of substantial insider transactions and
registrations reported to the Securities and Exchange Commission on
6/20/97.

REGISTRATIONS
=============
Company/Symbol Insider Date Shares
=======================================================
Ciena Corp. (CIEN) Huber, D 190,370

NOTICE. This was substantially edited by me to include information mainly about CIENA. This report is much longer than this. I am short CIEN, so do your own homework.

Steve Brunnert
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