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 230.56

+2.4%

Jan 9 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: craig crawford who wrote (1259)	2/20/1998 4:15:00 PM
From: Dakota Sullivan	Read Replies (1) of 12623

Craig, I am not short but I do know of at least a couple of funds who will be puking this baby up for the next six months. Problem here will be that many individuals and funds are in CIEN above 45 who now are scared/turned off and want out. They will create resistance on the upside all the way back up to high 50s. The stock is tempting here as they are and will continue to be a leader in a rapidly growing industry. I may wait a few weeks to get back in though-even if it means giving up a couple points in the long run.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next