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


To: James Fulop who wrote (7733)11/4/1999 11:56:00 PM
From: Steven Ivanyi  Read Replies (1) | Respond to of 12623
 
Now that the news is out officially we should see CIEN come off some tomorrow. I shorted yesterday, covered for small profit, bought back and sold at the end of day. Great day. Looking to short tomorrow.

On another matter, the market is not going to view this 40 mil contract over 3 years, using an untested technology to favorable IMO.
I think this is good and so so news. We will get market reaction tomorrow. Could be a lot of profit taking - heck the stock was only 34 on monday.

Like CIEN but like trading it even more.