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Technology Stocks : Ciena (CIEN)
CIEN 201.46+2.9%Nov 6 4:00 PM EST
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To: AD who wrote (11730)12/20/2001 2:19:28 AM
From: Ibexx  Read Replies (2) of 12623
 
I have a significant long position of CIEN, but have been playing options (straddles and covered calls) to take advantage of the price fluctuations.

I am not really worried about next month, next quarter, or even next year. But 3-5 years down the road, I will be counting. I did the same things with INTC, MSFT and CSCO since the early 90s - they were all over-priced stocks back then - and can't say I ever regretted my approach one bit.

Let's close this subject at that; other posters probably find it very boring.

Ibexx
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