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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 (460)6/30/1997 7:58:00 PM
From: michael d kugler   of 12623
 
Tom,

Are the majority of the sales coming from 144 insiders? As you may know, the law changed on May 1, 1997 essentially allowing 144 sales after only a one year waiting period, regardless of the provisions of the original lock-up.
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