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

To: Roads End who wrote (9793)	11/16/2000 5:48:41 PM
From: MarkC	Read Replies (1) \| Respond to of 12623

From Briefing.com 14:00 ET Dow -39, Nasdaq -60, S&P -10.08: [BRIEFING.COM] The red figures persist as the market has been on the defensive for most of the day... The disinterest from buyers has stemmed from a lack of influential leadership, uncertainty regarding the presidential election, and earnings concerns... Fiber optic/networking shares are among the tech sector's biggest drags today as sentiment has taken a hit from a couple of rumors surrounding Nortel Networks (NT -2 1/4) that include impending workforce reductions and the loss of a major contract to Ciena (CIEN -2 1/8) that it had been expected to win... Weakness in the chip sector has also been the other big drag on the tech sector... SOX -28.95... Nasdaq 100 -2.5%... NYSE Adv/Dec 1164/1553... Nasdaq Adv/Dec 1290/2395.