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

To: Daniel W. Koehler who wrote (2686)9/3/1998 4:23:00 PM
From: Kachina  Read Replies (1) | Respond to of 12623
 
This is nuts. This stock is trading lower than it has in the last 3 years. With one exception - a blip down to current trading level.
Accumulation time. It's a double whammy down. Down market combined with scared off investors by this deal gone south.



To: Daniel W. Koehler who wrote (2686)9/3/1998 8:34:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 12623
 
Daniel, I wouldn't be counting on a rise tomorrow. The close today below the low of the day of the T announcement is ominous. Also consider the further widening of the arbitrage spread.

I'm still holding my meager lot of CIEN, but I'm kicking myself for not selling it all in the 30s.

Barb


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