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To: keithcray who wrote (6229)7/16/2001 8:45:23 PM
From: ChrisJP  Respond to of 208838
 
Hi Keith, did I happen to mention that CIEN is trading below $34 again ? lol, never saw that coming.

Yeah EMC .... a buying opportunity .... sure .... to be thrilled to pay $20+ for a stock that's on track to earn .05/quarter for a few quarters -- a PE of 100. Makes perfect sense to me. A real bargain .... maybe I should use the money in my home equity account to buy a few thousand shares ... yeah, that's what I should do ...

The scary part is that it probably will rebound, its still the "stock of the 90s". So maybe I'll trade it. But I ain't gonna fall in love with it .... yet.

Chris