Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 200.92

-1.6%

Dec 1 4:00 PM EST

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To: Bob Smith who wrote (3862)	9/28/1998 3:26:00 PM
From: gbh	Read Replies (1) of 12623

Bob, so GSCO was buying last week, and they are selling today. This doesn't mean jack squat, are far as them "knowing whats cooking". Perhaps last week they were just covering their short position? Perhaps they really know a deal is imminent? The only fact is, neither you nor I know what their motives are on a day to day basis, so its best to not try and read anything into it. All you and I have at our disposal is our FA and TA skills to try and help guide us. And right now the TA sucks and the FA sucks. The stock seems pretty comfortable right now between 14 and 15. Seems like the rest of the world thinks this is fair value.

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