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


To: Steven Ivanyi who wrote (7736)11/5/1999 4:42:00 AM
From: James Fulop  Read Replies (3) | Respond to of 12623
 
>>new and unproven technology<<

My understanding is that Williams put the technology through extensive trials before signing a contract...I wonder just how unproven it is... I think Sycamore's product was put through the same extensive trial process and the street seems to have deemed that fine... then again, Sycamore may have been an IPO thin float hype job... Today should be interesting as I believe Ciena has had very few back to back ultra strong days much less three in a row... Cheers..



To: Steven Ivanyi who wrote (7736)11/5/1999 6:56:00 AM
From: MarkC  Read Replies (1) | Respond to of 12623
 
I agree with your view and thus sold Jan 45 calls for $6 yesterday afternoon. I figure I'll be able to buy them back at around $3 in the coming weeks and pocket some extra $$$ for the Holidays ahead.

Mark



To: Steven Ivanyi who wrote (7736)11/5/1999 7:56:00 AM
From: jerryriti  Respond to of 12623
 
>the news is the important point>

IMO the news is nothing more than the messenger delivering the more important news that Ciena is at the forefront of a transition to the the optical future. Happy trading!