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Technology Stocks : Ciena (CIEN)
CIEN 201.71+3.1%Dec 5 4:00 PM EST
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To: michael liu who wrote (3358)9/19/1998 5:11:00 PM
From: michael liu  Read Replies (1) of 12623
 
If you check its intraday chart carefully, there
was a big spike (250000 traded uptick) near close
bell. That is the first time in that week. I don't
know whether it was a short covering or buying. But,
it is very encourage. Hopefully, this is bottom out
signal. With a large short position opened, it will
give us a very good return if the trend reverses.
Upside potential is outward downside potential as
today's price.

Michael
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