Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 201.46

+2.9%

Nov 6 4:00 PM EST

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To: Ibexx who wrote (11798)	2/11/2002 8:22:24 AM
From: jghutchison	Read Replies (1) of 12623

Ibexx, Good information, such as that you provide, is useful to both shorts and longs. However, if one traded or invested only on the knowledge of the here and now one would realize mediocre or negative returns. In order to realize good or outstanding returns one must be able to sort thru all the info out there and, more importantly, project that effect into the future. This is known as the discounting effect of the stock market. When all the bad news is out, the bottom is in. It appears to me that Soundview is saying that the bottom is in and the stocks listed will become stellar performers in the near future as the market recovers. I'm sure you are personally aware of all of this as your trading style and tastes are similar to my own. Jack

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