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Technology Stocks : TLAB info?
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To: John Carragher who wrote (2164)2/19/1998 6:55:00 PM
From: craig crawford  Read Replies (2) of 7342
 
Yes, CIEN is the one. It was down 15 to 43 but it bounced back to down 12 at 46. Should cast a shadow over TLAB tomorrow.

EDIT ---Joe Kernan just said 44 (down 14) on CNBC about 10 seconds ago

P.S. CIEN is the kind of company that you want to buy on big dips like these. I have been long CIEN before but have been out because 58 was too rich for me. (Just like TLAB was too rich for me at 62) 44 sounds reasonable and the 30's would be positively delicious. (seriously doubt we will see the 30's) CIEN will bounce back and recover just like TLAB did.

I will probably jump on some CIEN at the open if it get's really ugly.
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