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To: Johnny Canuck who wrote (25702)3/22/2000 3:59:00 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68479
 
13:56 ET Lucent (LU) 62 1/2 -4 1/2: Selling off amid rumors that they will miss earnings estimates due to inability to meet product demand. Lucent is scheduled to release in mid-April; First Call mean is $0.22. We're hearing a large hedge fund is reducing their position on the rumor

bigcharts.com

Money Flow -200 million , about 3.2 million shares net sells

I-watch

19 million block buys
6.5 million block sells
24.5 million total volume

It does not look like a major sell off. Indication are the institionals are not buying this rumour.

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15:38 ET Splits Tomorrow : Tomorrow the following stocks will begin trading on a split-adjusted basis: PUMA, DISH, ACVC, WON, NTAP, CSCO and SANM. See our Splits Calendar <splits.htm> for more dates, ratios and a complete calendar.
15:33 ET Ciena Corp (CIEN) 155 1/16 +14 3/8 (+10%): Benefitting from rumors that Cisco Systems (CSCO 145 15/16 +5 3/32) is interested in making a bid for the company.