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


To: Diabolique who wrote (2895)9/11/1998 8:56:00 AM
From: bits  Read Replies (1) | Respond to of 12623
 
I don't agree about thin float.

Thin floats are easy to push up, not down. You cannot short AMZN since their is no stock left to short, and you are subject to buy in. Dell is more difficult to push since it has a huge float. 91 Million is not huge. 90% of the "big boys" don't care what DWDM is, they jump on a trend and push. And if the "big boys" knew what they were doing, then you should invest in a mutual fund. There is also elements of truth to some of the negativity, just not that much. Another point, the "big boys" MER, hedge funds, JPM lost big time in Russia giving their money to bigger crooks. And I would hope that you count the CEO of Tlab as a "big boy".



To: Diabolique who wrote (2895)9/11/1998 12:27:00 PM
From: Kachina  Read Replies (2) | Respond to of 12623
 
>>Now if you want to know why they are dumping, that is the billion dollar question.<<

Program trading systems and a little bad news in a down market. Chaotic systems never come to equilibrium.