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Technology Stocks : Ciena (CIEN)
CIEN 191.74-1.3%Nov 14 4:00 PM EST

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To: Bald Man from Mars who wrote (4030)10/5/1998 5:45:00 PM
From: saju chacko  Read Replies (1) of 12623
 
here's where it is .........

i spoke to CIEN investor relations representative, Jessica Towns. she does not know of any meeting with GSCO.....

also GSCO removed CIEN from its recommended list and rated it as a market outperformer....

does anyone know when CIEN got on GSCO recommended list?

Towns from CIEN also informed me that CIEN will release 4Q results Dec 10 after the financial markets are closed .... and CIEN is comfortable with the estimate of ($0.04).... when i checked last friday on first call.... the consensus was showing ($0.027)........

also i noticed that the SIR (short interest ratio) is becoming lower this is good... however these numbers were not based on the latest data.....

also .... CIEN did touch 10 3/4 today and went back up.... that is a good sign so far... however GSCO support cannot be relied on according to what i see on level II........ furthermore it seemed to me that if the COMPX did not turn up then CIEN would have continued to move below 10 3/4.... i still see no obvious support right now.... other than the $2/share cash that CIEN has.....

well if it ever gets to 2 1/2 then i'm selling my blood and buying more CIEN......... he he he...

Saju
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