Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 200.18

+2.0%

Nov 26 4:00 PM EST

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To: Sam Citron who wrote (63)	3/13/1997 12:45:00 PM
From: Steven Brunnert	of 12623

Sam: Yes you can find shares to short this stock ( I know because I did it). There is now way this company is worth a fraction of what it is valued at. As soon as some of the insiders can start selling their 89 million shares, this stock will go way down. The current low stock liquidity ( only 4 million shares) is the only thing keeping this stock up. What makes anyone think that a company with no patents (Lucent has most of them) can beat Lucent, Northern Telecom, Siemens, etc is beyond me. Does anyone think that they will sell their equipment to AT&T or the Baby Bells? No way, they are all in bed with Lucent. This company only has 2 real clients. Steve Brunnert

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