SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?

To: chojiro who wrote (10361)2/15/2001 8:21:17 AM
From: t2  Read Replies (1) | Respond to of 12623
 
chojiro, I would look at the other stocks that also support high PEs to where this trend is going.

Also take a look at the short interest the same stocks like AMCC, JDSU, JNPR....even if a few of them start going up together, it could trigger short covering rallies that extend to many different high PE stocks.
Short interest has been pretty high compared to levels of the last 2 years.

I am not going to touch it but expect its report to carry through other sectors in which i have high PE stocks...planning on adding a some more today.

Still the key word in their report is...visibility---which is good and that is what can carry stock even if high PE.

good luck.



To: chojiro who wrote (10361)2/15/2001 8:36:37 AM
From: Dale Baker  Read Replies (1) | Respond to of 12623
 
You would have to get a print at 88 first - CIEN didn't get much over 84 yet.



To: chojiro who wrote (10361)2/15/2001 9:37:04 AM
From: ratan lal  Read Replies (1) | Respond to of 12623
 
There are other stocks with high p/e's and earnings not as good as cien. You might be better off shorting them.

And remember the charts. looks like 3-weeks of up movement.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News