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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (9467)	5/17/2001 9:04:27 AM
From: Paul Kern	Respond to of 19633

08:59 ET CIENA Corp (CIEN) 58.90: -- Update -- Stock had been up as much as 4 pts pre-market, now down 1 pt. The reversal was triggered by the company's discussion of "desperate" pricing measures by competitors and likelihood of lower gross margins in the Jul qtr as a result.

To: Tom Hua who wrote (9467)	5/17/2001 9:08:04 AM
From: Paul A	Respond to of 19633

hehe.. That was my reaction yesterday when I came out of the shower and the market had turned positive.. Started laughing my ass off (actually it wasnt too funy since I was about 95% short hehe) Im not certain who im referring to when I say 'they', but it sure seems clear that 'they' want to keep this market higher no matter what.. I dont think anything can keep CIEN from going higher but I hope im wrong.. I think FCEL got a downgrade today.. might just add fuel to the fire, but hafta watch and see if im going to get back into HPOW or not.. are you still short NVDA tom?