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Technology Stocks : Ciena (CIEN)
CIEN 238.36-0.3%Dec 30 4:00 PM EST

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To: pass pass who wrote (3678)9/24/1998 10:59:00 AM
From: Bob Smith  Read Replies (1) of 12623
 
Goldman continues to buy....why do you think?

Yahoo Post......
<<

The Cisco news should have made Ciena tank today. The stock held very well. Goldman and Merill were buying into
the selloff.

I am buying every dip. Things have quited down a bit and Goldman and Merill have backed off, but the early morning
buying is another tipoff.

Look for more buying from Goldman near the close. >>

Could not have said it better. When you see major investment banker firms buying...there is a reason. There is nothing wrong with Chambers sharing Cisco merger philisophies. Good for him & his stockholders.

Now we have been hearing "a rumor" of a contract with Bell South & a Goldman meeting (with Cien) on the Oct 8th. Can anyone share any facts around these two events?
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