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

To: pat mudge who wrote (2044)	4/23/1998 3:48:00 PM
From: joe	Read Replies (1) \| Respond to of 12623

Pat, That sounds like fun!! You've got me thinking now. Also, I thought the subscribership would be in the 10K+. (Have to review my SI article I put somewheres) I guess this means, we will see thousands of DATEK, and TSC ads. <<And in the "just for fun" department, I bought GNET (buying SI) the minute I heard the news. I figure they have a captive audience of several thousand a day here on SI and that's got to be worth something.>> *****Back to CIEN: One thing I noticed today, that strikes me as EXTREMELY INTERESTING, is that CIEN's price is at +1 7/32 (right now), while most of the Naz is falling big time. In the past, the momentum players or shorts would be manipulating this stock down a few points. It rarely goes in the opposite direction when the Big Caps are falling. Also, I noticed it set a high today of 50 5/8 so far. I can come up with 2 or 3 possible reasons. Anybody have ideas? More importantly, does anybody have reason to suspect sustaining power. Need to know so I can load up the truck with more CIEN. Any technical analysts around??? I guess the term would be a breakout over congestion, if CIEN can close high, at least over 49. I think also, that it's been in congestion now for about 6 weeks min. which is the usual rule of thumb. Come guys, let's lay down the ideas NOW. ANY IDEA is valid if it gets us thinking!! Joe