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


To: cfoe who wrote (10965)5/10/2001 7:51:24 PM
From: zx  Respond to of 12623
 
i thought ciena was going to make a run and lead the fo stocks. i was wrong but am glad i still have time to get aboard.

have no position at this time.
ciena may be overvalued in a slow growth environment.



To: cfoe who wrote (10965)5/11/2001 7:34:18 AM
From: chojiro  Read Replies (1) | Respond to of 12623
 
I just read this coming across my news feed. Thought it might be of interest here

May 11, 2001 (JAGfn.com via COMTEX) -- Bullish

CIENA (CIEN) 60.55)

Bearish

Cisco Systems (CSCO) 19.13)

We remain bullish on CIEN, as the stock continues to hold support at the 55
mark. In the meantime, options players have been aggressively adding to their
bearish positions on this issue. The put/call open interest ratio stands at
1.04, which is in the 100th percentile compared to the past year's worth of
data.

A definitive move and close above 60 would be a positive sign from a sentiment
and technical perspective. This strike is home to over 14,000 May call contracts
on this at-the-money option.

(800) 448-2080

www.SchaeffersResearch.com


By Bernie Schaeffer

All Rights Reserved Copyright JAGfn.com

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EDIT: I've never heard of this JAGfn before. Not intended to be spam