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To: Jan Crawley who wrote (14269)8/21/1998 2:30:00 PM
From: e. boolean  Read Replies (1) | Respond to of 164684
 
>>Wow, look at Cien, cut into half, down more than $28...

Wow is right - bombs bursting in air.

Yikes.

e.b.



To: Jan Crawley who wrote (14269)8/21/1998 7:26:00 PM
From: Rob S.  Respond to of 164684
 
My associate started selling naked calls against CIEN right after the news came out - he told me about it after he had executed several. By the time I took a look at them they had already dropped off the cliff. He got 1 for January 80s and also did some others!