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Technology Stocks : Ciena (CIEN)
CIEN 196.24+0.8%Nov 25 4:00 PM EST
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To: Sawtooth who wrote (6883)4/5/1999 11:03:00 PM
From: John F. Dowd  Read Replies (1) of 12623
 
It could mean that the VC's have cashed in their chips just as teh VC's Forstman Little cashed in at GIC. They have more incubator stuff coming on and they need the capital. KKR has recently cashed in in a few places to raise cash. It happens all the time but it could mean that the big boys see a top and are getting off. The market will tell us when it is history.

JFD
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