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Technology Stocks : Ciena (CIEN)

CIEN 214.35

+0.7%

Dec 9 4:00 PM EST

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To: Ed Silverstein who wrote (3985)	10/2/1998 12:19:00 AM
From: gbh	Read Replies (1) of 12623

Ed, I think we will test 11 again. I also think we are a long way from 20. Buyout rumors got CIEN to the 15 range. And that was before the most likely suitor, CSCO, flat out denied interest. I think 20 will require a better than expected Q, which will be very tough for this Q. Or some truly new business coming to bear. Gary

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