Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 193.35

-4.5%

Dec 3 4:00 PM EST

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To: Bald Man from Mars who wrote (5062)	11/2/1998 11:14:00 PM
From: Hiram Walker	Read Replies (2) of 12623

Bald Man, unless you use some rational parameters for valuation,which in a down group make sense. You cannot just extrapolate from an assinine valuation a rational hypothesis on what the stock can trade at. Has IOM ever traded near its all time high? Why don't you take a breather,or a breath,or breathe,and maybe the oxygen will get to your bald brain. I would not personally make an offer to buy CIEN if I were Birck at over $20/share. If I were CSCO who needs the technology desperately, I might offer $25,and if things fall apart,and no contracts, I would wait and pay around $11. That is only if I were thinking of purchasing the company, a stock on the upside has nothing to do with rational thinking or valuation. Hiram

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