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Technology Stocks : Ciena (CIEN)

CIEN 199.26

-1.1%

Nov 7 4:00 PM EST

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To: Mama Bear who wrote (2690)	9/4/1998 1:00:00 AM
From: Daniel W. Koehler	Read Replies (3) of 12623

hi barb Did you see the post responding to me from william liao? He indicated the TLAB CEO says deal still on, no tricks. I expect post labor day rally next week and see TLAB rising based on a successful bounce off the 7400 bottom we put in next week. If the labor report is moderate tomorrow, I think that we could see the Fed easing the Fed Funds rate 25 to 50 bp in Sept meeting. Reason - weaker second half and to help stabilize HK and Latin Amer. Also, good choreography for elections in November. Forget Russia - our banks have already marked to market to zero. We need a rate cut to estabish some leadership in the banks. Of course, we'll see some emotional shocks if Clinton is censured or impeached, but I don't see that happening this year - Republican want run against a lame duck - not an incumbent Gore. BTW, have you heard of Jacob "Bumper" Hornsberger of the Future of Freedom Foundation? I met in Herndon, VA at a FOF seminar and I understand he might have a place on the LP ticket next year. Ciao, Daniel PS. Bought some Oct 30 Cien calls today.

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