Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 201.71

+3.1%

Dec 5 4:00 PM EST

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To: Timothy Tashjian who wrote (32)	2/10/1997 2:19:00 AM
From: Curtis Frazier	of 12623

You know part of the problem here is that we are all sitting around and talking about what company has what technology, etc. This is all great stuff, but if we only knew what INSTITUTIONAL investors were thinking we would be in great shape. They aren't concerned with who has the best technology, they are only concerned with which stock is the most popular (read: is going to go up). Right know Ciena is the most popular. Maybe it'll go straight up until 'the bubble burst'. Who knows. The stock traded very well it's first day. Popped up on the open and continued to rise. Now that's momentum! Disclaimer: Now that I've touted the stock a little, it will turn around and go down just to mock me. Ever get that feeling???? <G>

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