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


To: Lizzie Tudor who wrote (1465)2/23/1998 4:37:00 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 12623
 
I think it should reach the mid 30s sometime this week,
have a bounce, then retest the low ...



To: Lizzie Tudor who wrote (1465)2/23/1998 4:43:00 PM
From: Helios  Read Replies (1) | Respond to of 12623
 
I live in the area but do not know much about the company. Listening to the business talk radio over the weekend I heard quite a bit of discussion of CIEN. I did not hear much on the fundamentals (this thread is much better for that) but there was quite a bit of chart reading and hand wringing. People looking for an entry point were advised to wait, the radio analysts felt that the stock might see the mid thirties before a turn around. Not that I put much stock in their prognostications but I mention it only as a window in the local psychology.