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


To: Ibexx who wrote (11839)2/19/2002 10:03:59 AM
From: Ibexx  Read Replies (1) | Respond to of 12623
 
CIEN/ONIS conference call notes - courtesy of Lightreading.com chat:

lightreading.com

Ibexx



To: Ibexx who wrote (11839)2/28/2002 4:20:47 AM
From: chojiro  Read Replies (1) | Respond to of 12623
 
>>PS: overwhelming BUYs thus far despite the price drop. Institutions are accumulating.>>

Sometimes I wonder to myself if you really believe the misinformation you post!

Seriously, I strongly doubt that institutions are BUYING Ciena down here. a few more bucks and it will fall off the list of marginable stocks. Can you say mad dash to the door on margin selling?.

One other thought that comes to mind is that when/ IF this industry rebounds, what is to say Ciena will be the leader. Technology replaces technology every day, and the longer we are in this slump the bnetter the chances are that some one new will enter the field and compete Cien right out of business.

One thing I will concede to the bulls case; there hasn't been any insider selling recently. Of course, during fall of '01, Ciena officers , directors, and etc. were unloading in the $10 range. Why would they be dumping at $10 if they thought it was under valued?
And to counter ny defense that even officers need to diversify, and always need spending cash, reference this post #reply-17013062

Or shall we compare notes in another six months? #reply-15784920