Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 188.78

+1.0%

4:00 PM EST

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To: Sam Citron who wrote (524)	7/17/1997 2:18:00 AM
From: craig crawford	of 12623

<< What would you think of long LU and NT; short CIEN? >> Already long LU and TLAB. Would buy more LU today (even after up $6) if I didn't already have enough. I like NT as well and have recommended it to others, but I can only buy so many stocks so I don't own any. I basically like all the tele infrastructure stocks. It's just a matter of picking your favorites. Lulabs is it for me. I would not short CIEN right now. Overvalued or not, there are better shorting opportunities out there and the market is working itself into a frenzy. If you must short CIEN, play some sort of straddle. I haven't purchased UNPH but I like them too. They just have a lot of good news priced in right now (like CIEN). I am looking at COHR right now which is a cheaper version of UNPH.

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