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


To: Alohal who wrote (7809)11/23/1999 7:32:00 PM
From: NetFlyer  Respond to of 12623
 
I agree. The Soundview report said precisely nothing that
wasnt already known. Sycamore has been given a large contract by owners of its own stock !! Internationally Ciena has a wide customer base, support infrastructure and sales force and great technology. My personal take is that the analyst was trying to slow down the stock price so that someone could buy in.



To: Alohal who wrote (7809)11/24/1999 1:18:00 PM
From: Paul Casi  Read Replies (1) | Respond to of 12623
 
Don't believe the Sycamore announcement of a $400 million 4 year contract with Williams helped the stock!



To: Alohal who wrote (7809)11/24/1999 2:03:00 PM
From: Alohal  Read Replies (1) | Respond to of 12623
 
I agree, but I think it just provided additional rationale for taking profits. I have nothing against profit taking on a good stock, it provides a buying opportunity. And, as my wise old grandmother used to say: "I've never known anyone who lost money in the stock market by selling at a profit!"<VBG>. A Happy and Peaceful Thanksgiving to all
Cheers
Alohal