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

To: Ibexx who wrote (11671)11/20/2001 4:22:50 AM
From: Bruce Brown  Read Replies (1) | Respond to of 12623
 
If bin Laden gets "taken out", we would definitely see CIEN hitting $30.

Not exactly the most solid fundamental reason for the stock appreciating in price. Most likely such a "news related event" would be a quick and short pop with a lot of profit taking throughout sectors that have appreciated in the market.

BB



To: Ibexx who wrote (11671)11/20/2001 12:06:52 PM
From: pat mudge  Read Replies (1) | Respond to of 12623
 
Regarding the chart: there's a huge spread between the two yellow lines that indicate the hypothetical price range over the next 5 trading days. Without meaning any disrespect, couldn't Forrest Gump have figured that out?

Several grains of salt, indeed. :)

Pat


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