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Technology Stocks : Ciena (CIEN)
CIEN 253.63-8.3%4:00 PM EST
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To: craig crawford who wrote (1833)3/31/1998 9:54:00 PM
From: Helios  Read Replies (1) of 12623
 
Part of price movement can be attributed to the Barron's article where the analyst said that Ciena's problem is that their products are too good and only a few of them quench the demand. People may not believe that Barron's is the final word but they pay attention and when they see a small order like this from BA then you have confirmation. I expect that "small orders, low demand" is now the accepted story on Ciena.

Maybe they should start renting the dohickies out.
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