Ciena (CIEN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ciena (CIEN)

CIEN 178.17

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Brian Pastor who wrote (499)	7/7/1997 10:06:00 PM
From: Tim Bagwell	of 12623

I don't think 80,000,000 shares are going to hit the market the day they are released. These people get paychecks too and there's no reason to speculate that they will rush out and try to sell their stock the same day. They all know that the stock will likely double next year so there is a huge incentive to hold. There shouldn't be any more effect on the shares than the day of the original IPO release. Flooding the market on the first day actually caused the price to increase, not decrease. The same may as well be true of this secondary offering. The market discounts for what is already known. Tim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next