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

To: jmac who wrote (9332)7/12/2000 3:31:37 PM
From: jghutchison  Read Replies (1) | Respond to of 12623
 
Jmac, see attached.

messages.yahoo.com



To: jmac who wrote (9332)7/12/2000 4:10:36 PM
From: DukeCrow  Read Replies (1) | Respond to of 12623
 
anyone care to speculate as to why CIEN is now down 10+ points in the last hour?

During the recent move up, Ciena's money flow wasn't all that great. That makes it vulnerable to a decline (if my understanding of money flow is correct).

Ali



To: jmac who wrote (9332)7/12/2000 4:12:32 PM
From: James Fulop  Read Replies (2) | Respond to of 12623
 
>>anyone care to speculate as to why CIEN is now down 10+ points in the last hour?<<

Actually it appears to be a result of an updated report by a research outfit known as CFRA headed by a Howard Schilit about the accounting used by Ciena...the original came out last year and according to the rumors this is the updated version...Here is his bio...

nyssa.org

And his site:

cfraonline.com

PS Can't confirm, but this info does ring true...FWIW


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