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


To: william liao who wrote (3202)9/16/1998 4:23:00 PM
From: gbh  Respond to of 12623
 
Actually, the market tried not to ignore it. The stock quickly rallied from 12 to 13 when the news broke. But there are obviously many more sellers waiting in the wings, short and otherwise.

This stock has not hit bottom yet IMO.



To: william liao who wrote (3202)9/16/1998 5:59:00 PM
From: Timothy Liu  Respond to of 12623
 
> if i was shorting cien, i would be losing sleep every night, because something may happen overnight.

Same for a long.

Tim