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Technology Stocks : Ciena (CIEN)
CIEN 201.46+2.9%Nov 6 4:00 PM EST
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To: Ibexx who wrote (2829)9/10/1998 11:24:00 AM
From: Paul Shread  Read Replies (2) of 12623
 
I'm amazed this stock is still falling. I thought it would have bottomed yesterday. It's starting to look like AFCI II, which is surprising given the fact that the impending buyout should put a bottom under this. But this market hates bad news (in stark contrast to the first six months of the year; the pendulum seems to have swung equally the other way), and CIEN has certainly delivered a steady stream of it lately. I would not touch this unless you are using money you can afford to lose.
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