Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: space cadet who wrote (1915)	4/6/1998 3:33:00 PM
From: Danny Chan	Respond to of 12623

Space. I think it's always nice to take profit or hold cash. But I won't count on a correction. My experience is that it doesn't come when you are ready and waiting for it. And if does, CIEN will hold well above 30. Overall, the liquidity on CIEN is pretty good. People usually getting suspicious about the stock when it moved down without news, together with the refreshing fact that stock like VIAS moves down sharply before crashed. But sometimes it doesn't happen that way, the crash of SDTI came with no street signs and if you were buying CTRX when it was at 37 a month ago, you are still 13 points ahead. Every stock has risk and reward factored into its price and I just think that CIEN is at a low risk entry point given all the know facts.