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Politics : Ask Michael Burke

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To: Giuseppe Scalamogna who wrote (35240)	11/5/1998 11:52:00 AM
From: Knighty Tin	Read Replies (3) of 132070

GS, I recently sold my Ciena. Didn't get top tick, but got awfully close. I will probably buy it again around $14-15. My model shows a fair value for the stock around $14, and I like it when I'm not paying a takeover premium. I wouldn't buy calls yet. The herd got overly worked up over some pretty neutral comments and fairly mundane contracts. As the foam clears from their mouths, they will give us a buying opportunity. And if they don't, don't play. MB

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