Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 200.18

+2.0%

Nov 26 4:00 PM EST

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To: craig crawford who wrote (1882)	4/2/1998 5:23:00 PM
From: Phil Jacobson	Read Replies (1) of 12623

I'm new to this thread so sorry if this has been discussed ad nauseum already. Came over to see what's going on. It looks like I made a hell of a mistake buying on the rebound based on some my engineer friends saying CIEN makes products that beat the hell out LU and anyone else. I won't ride this stock down another dollar, let alone sit on it until it's 25. The activity around CIEN stinks of a big earnings shortfall coming. Just a hunch. Take a look at the three month chart on CIEN. If you connect the line from the pre-WCOM announcement to the line since the subsequent bounce ended the resulting downtrend is incredibly consistent. Why isn't a huge growing market for WDM big enough for the player with the "best" products? Is CIEN's Sales team that ineffective? Phil

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