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


To: jbkelle who wrote (11303)7/9/2001 12:49:36 PM
From: Roads End  Read Replies (1) | Respond to of 12623
 
re 'I'd like to ask that you both please focus on quantitative estimates' LOL. It seems your request doesn't apply to the qualitative analysis you post.



To: jbkelle who wrote (11303)7/10/2001 10:58:06 AM
From: chojiro  Respond to of 12623
 
jb, I'll try somee diplomacy. And if I have unjustly offended anyone in the past, I apologize.

As far as on topic discussions of Cien, right now I can not as I have an appointment I am running lat for.

But I will say this. I still believe they are grossly over valued. This doesn't mean they won't rise in stock price. If anything we have all learned the stock market is not a rational place. But to those who think the market is over reacting on the down side equally to that of the upside, Istrongly disagree, and in time I believe I will be proven right.

P.S. Innitially my $25 price objective was based on current market conditions and the potential future growth. I am re-evaluating my objectives here and on other short positions II have. I will be anxious to listen to the CC in August. Perhaps my $25 will be modestly fairly valued. But than again, it may be rediciliously overvalued even at $25.