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Strategies & Market Trends : The Thread II -- Ignore unavailable to you. Want to Upgrade?

To: shulz who wrote (3147)6/28/2001 11:04:53 AM
From: Joe Hoek  Respond to of 9026
 
CIEN's been dropping since the open with barely an uptick. That's the one that was making me nervous this morning.
All I've seen is analyst initial coverage with a buy rating as far as any news, but I haven't looked too much...

Still holding DIGL, looks like resistance will be that gap down point around $35 area. IF it gets above there it could make a nice move, but the NAZ would have to co-operate and we're at a dicey point.



To: shulz who wrote (3147)6/28/2001 11:06:40 AM
From: Lane Hall-Witt  Respond to of 9026
 
shulz -- CIEN: I've been looking, and don't see anything. CIBC started coverage with a Buy and positive remarks, but published FY2002 EPS forecasts that are far below current consensus. Maybe that's doing it. I'm wondering if today's action marks a sea change for CIEN: when was the last time the NASDAQ was flying, with the NWX up 2 percent, and CIEN was red? If you had asked me this morning where CIEN would be on a day where the Naz is up 50, I'd have said 44-45.


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