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Technology Stocks : Ciena (CIEN)

CIEN 178.17

+1.0%

Nov 21 4:00 PM EST

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To: Tom Hua who wrote (506)	7/14/1997 9:03:00 AM
From: Bob Trocchi	of 12623

Tom and all... I checked the insider intent to sell (form 144 sales for week ending July 11 and some but not any earth shaking news. 4 sales, $3.8M, the 4 indiders were I affialiated person and 3 None. I really don't understand the none but I assume they are big holdrs who do not have and active role in the company. In checking actual sales however, there were $8.4m, 178K shares with 7 people participating, 2 directors and 5 board members. Again not real earthshaking but an indication of perhaps getting it while it is still good. Still ahort but getting worried that this baby is on a roll. Average up??? Bob T.

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