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


To: manfredhasler who wrote (8925)5/19/2000 1:35:00 PM
From: James Fulop  Read Replies (3) | Respond to of 12623
 
>>I just noticed that according to the 'Maximum-Pain Theory Value' which is for CIEN
today 125, the stock trades just around this level. Given the ambivalence in the market
and the possibility to interpret last night's call in different ways, do you think the market is
able to maximize this effect according to the the theory?<<

It may be able to. But don't hold me to that...<g> And sure, there are many ways to interpret the info one hears on these calls.

>>If yes, would you think we will have a rebound Monday?<<

Sure, but again who knows? CIEN can turn on a dime and has fooled many before... but it is not immune to market conditions which leave something to be desired from a long's perspective...<g>