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

To: Tim Bagwell who wrote (1249)	2/20/1998 2:54:00 AM
From: Jess Beltz	Read Replies (1) \| Respond to of 12623

RE: <This is still positive news for the year. Add to this the new MultiWave 4000 and the potential at AT&T and 1998 still looks like a banner year.> Tim, the market doesn't think so. In after hours trading, CIEN is down 15 (to 43.) Look for an ugly open tomorrow. jess.

To: Tim Bagwell who wrote (1249)	2/20/1998 4:05:00 AM
From: Jess Beltz	Read Replies (2) \| Respond to of 12623

<<offtopic>> Tim, I did not mean to throw a dig your way (assuming you're long the stock.) In fact, I regret missing the initial buying opportunity represented by Cien, and am very interested in getting into it now. However, as you and I both know, I caught a falling knife once before, and am still bleeding from the cut. It seems that the market has got to be interpreting some threat (order transfers, etc.) from Lucent or SOMEBODY. I will be watching the action at the open, and would appreciate any insights you might have. jess.