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Technology Stocks : Ciena (CIEN)
CIEN 210.71+3.3%Dec 18 4:00 PM EST

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To: Kenneth E. Phillipps who wrote (12131)8/22/2002 1:43:02 PM
From: Lizzie Tudor  Read Replies (1) of 12623
 
Its interesting looking at the naz institutional trading page for cien and jdsu. The first obvious thing is that the institutions really aren't in these stocks to the degree that you'd think... cien about 50% inst. and jdsu in the 30% range. Both companies had aggressive adds in the last quarter, very few sells. Cien had NO sells on the first page, jdsu a few.

I don't think there is any hurry to own this stock (in fact I sold some a while ago to buy sebl) but this one will be back and the fact that not many institutions are in now gives it some real upside potential, imo.
Lizzie
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