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Technology Stocks : Ciena (CIEN)
CIEN 196.24+0.8%Nov 25 4:00 PM EST

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To: Peter Moyer who wrote (6889)4/6/1999 3:12:00 AM
From: Daniel G. DeBusschere  Read Replies (1) of 12623
 
Why is everyone concerned about earnings?
Yahoo was up 40 points today, AOL was up 16, does not make the Fortune 500 list, but its $154B market capitalization is only exceeded by 12 companies in the Fortune 500. Yahoo's market cap already exceeds that of Boeing. These stocks are up because a lot of people train their browsers on these sites every day. CIEN is currently out of sight of the market. Its possible that CIEN is being sold to purchase these high flyers. Sooner or later, the CIEN story will become more widely known and will become the beneficiary of this hot money.
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