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


To: mact who wrote (10306)1/31/2001 8:40:12 PM
From: BIG EYE  Respond to of 12623
 
Then when the truth is revealed, A BIG spike !!!



To: mact who wrote (10306)2/1/2001 8:32:27 AM
From: Dave  Read Replies (1) | Respond to of 12623
 
Hmmm, one question about rumors from the trading floor. I bet this is what happened....

trader 1: "Hey, I just took a short position in Ciena"

Trader 2: "Yeah, me too. I wonder if we can spread another rumor"

trader 1: "Yeah, do that, I need Ciena to fall so I can make some money, amke sure my bonus check looks good"

Trader 2: "Sounds good to me. I"ll spread it"

Rumors from a trading floor sound like the most unreliable rumors, to me. It's quite pathetic that they don't interview that trader and have him stake his "reputation" on that "rumor"