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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?


To: Steven Ivanyi who wrote (7721)11/4/1999 5:35:00 AM
From: James Fulop  Read Replies (1) | Respond to of 12623
 
Thanks. I appreciate well thought out responses-a refreshing change from some characters on SI who habitually become emotional and only say a stock is a POS. You make a good case for a pullback but since I am in this for the very long haul (in at single digit levels) I will take that pullback if it comes as just part of the roller coaster ride I started last year.. <g> However, your statement that the news is relatively minor in relation to the price move may prove incorrect if the news is verified as the first contract with a customer with Lightera's product as opposed to Ciena's bread and butter DWDM product. I believe Lightera's product is similar to Sycamore's optical networking product and this may have been the reason for such a move. Pure conjecture on my part. Cheers