djane;
what's the GS abbreviation?
After Kevin Petrie's write-up of CIEN today, it seems that there's inside information that the quarter will be made. Possibly the ABN/Amro people new the inside info also. But as Intel Trader said, when they made the announcement between 11:00-12:00 the stock didn't move. I took a quick look about 12:30 and saw nothing happening.
So, anotherwards, maybe the ABN/Amro upgrade spurred some checking by who knows who and enter Mary Henry, lead underwriter of Goldman Sachs. ( I wonder if they do lead underwriting for CIENA - anybody know??? If so, this could be the sucker's rally mentioned a few posts ago.)
I hope not, because then MMs would seem to have good visibility for a quarter or so, and might start piling up on CIEN.
Hmm, should we buy more, hold, or sell???
Any comments/thoughts anybody?
Joe |