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Technology Stocks : Ciena (CIEN)
CIEN 241.68+0.6%Dec 26 4:00 PM EST
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To: Rob C. who wrote (11820)2/16/2002 10:22:40 AM
From: chojiro  Read Replies (1) of 12623
 
Rob, I think this is dead money at best for those that have been holding all the way down. There might be some argument for a short term DCB in the near future, but everything I see on the tape tells me there is a lot more selling pressure than most(myself included) realize.

Serious down trend will make it very difficult, especially in this environment(aand when people realize no recovery this year) for this stock to mount any serious recovery.

I currently have no position in this stock. Good luck.
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