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


To: Alidotr who wrote (11429)8/14/2001 9:03:19 PM
From: cfoe  Read Replies (2) | Respond to of 12623
 
From Briefing.com 8/14/01

CIENA Corp (CIEN) 29.40 -1.59: Sources at First Union telling us firm made positive comments on Ciena; believes that AT&T (T) contract for Core Director could total $400-500 mln; firm had previously been modelling $300 mln in Core Director sales for 2002.


Does this mean that Ciena could make '02 Core Director sale forecast (per First Union's model) on sales to AT&T alone? Thursday morning should be very interesting for both longs and shorts.



To: Alidotr who wrote (11429)8/14/2001 11:03:52 PM
From: chojiro  Read Replies (1) | Respond to of 12623
 
we'll worry about your "lots of support" if it can get and stay above 31 by tomorrow's close.

Yes, I still have a core short position in CIEN. I did cover this morning at 30.1 those 35s I shorted from my last cover around 29. But I will be hitting this one again vigorusly tomorrow morning. Look at your 30 minute charts going back to about the second week of June. I think theere is something to be said for the volume cordinations!

BTW, are you long? Just curious because what I say is merely my interpitation of things and I am not here to scare anyone out of their positions. We all do our own DD and come to our own convictions about the stocks direction.

P.S. Why do I get the feeling that your post is an attempt set up for me to mark a bottom(g).

Good luck