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

To: Ibexx who wrote (11681)11/27/2001 2:01:55 PM
From: jghutchison  Read Replies (1) | Respond to of 12623
 
Ibexx,

I also have a price target of around 27, actually 28. But I fully expect that the 28 level will be reached in very short order once the 22 level resistance is taken out.

I consider a $27 target out eighteen months to be abject absurdity. I guess these analysts don't yet realize that we have already entered into a new prolonged raging bull market. Ciena will lead the way, again.

Jack


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