SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: VIPER85730 who wrote (9284)5/30/1999 10:20:00 AM
From: Mama Bear  Read Replies (1) of 18998
 
CIEN was never on the verge of bankruptcy, didn't carry anywhere near the debt that IRID does, and does not require the repetitive intensive capital infusions that IRID does. Further, CIEN marked its bottom last fall, when the market was a bit on the soft side. I think you might get a bounce from some hopeful bottom fishers, but my money is on the company going belly up.

Barb

PS I can't imagine any company (excepting outright frauds) has been started to go belly up. It happens quite regularly though.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext