Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 243.79

+2.3%

Jan 15 4:00 PM EST

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To: nghi vu who wrote (2096)	5/8/1998 12:50:00 PM
From: Stoctrash	Read Replies (2) of 12623

Well, sorry ..... I'm just trying to figure out the scoop. I hear a new HOT start up called "Nova" something is via some former CIEN people, not sure what they do...but I would guess DWDM. I heard LU has a product that AT&T is testing? I heard that things are tight this quarter? The chart looks weak, and could easily retrace to 50-51. Techs are flying & CIEN is flat. What do you hear or know? Enlighten me...please. I am short because of its technical picture...not because LU or anyone else MIGHT* have a product in the works. Longer term, I too feel this one is "worthy", but any stumble here will kill this stock IMO.

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