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

To: Gary Korn who wrote (1593)2/25/1998 10:22:00 PM
From: Hector  Read Replies (1) | Respond to of 12623
 
Gary,

Just curious as to how you interpret net tick volume (positive or
negative)? Do you consider it to be a leading indicator if it goes in
the opposite direction of price or what?

BTW, re: Ciena. I learned a long time ago not to confuse fundamentals of a company with stock price. Ciena is a fine company, but I gather from your posts that you expect the price to come back fairly soon. I suspect we'll see 25 before we see 50. Once a stock, tanks the way Ciena just did, a new trend (down) in psychology has been set in motion. It will take quite a bit of time for this trend to reverse again.

Regards,
Dave



To: Gary Korn who wrote (1593)2/25/1998 11:42:00 PM
From: Gene J. Abel  Read Replies (2) | Respond to of 12623
 
Is anyone at all interested in what CIEN said today at the Robbie Stephens conference???? It may give us all some light as to what is really going on with the company. If anyone knows or has heard how it went please inform the thread.


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