Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 178.17

+1.0%

Nov 21 4:00 PM EST

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To: put2rich who wrote (4147)	10/8/1998 2:18:00 AM
From: VBroady	Read Replies (1) of 12623

CIEN is not a good buy a $9 >> wanna catch a falling knife?? A week ago I said Ciena would hit $9 by Halloween. Forget that -- try $8 tomorrow. Ciena is a good deal at $5-6. So what if it "can recover" next year, you're talking about your hard-earned $$ right now. Don't buy higher than $7, if you do, you are paying too much. Even if short term it recovers a little, don't panic and jump in, look for more BIG DROPS. Don't be concerned with "the fair market price" in this fouled-up market. Lots of stocks that should be $3 are at $30 and vice-versa. Not a Cien basher -- just want all the stock I can load up for my $$. VB

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