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

To: Merlo who wrote (3362)	9/20/1998 2:30:00 AM
From: L.B.Nguyen	Read Replies (3) \| Respond to of 12623

CIEN needs to work its PR machine NOW to reverse the oversold condition. An announcement of a major stock buy back program is one of the plan that the CIEN's board can do for its shareholders. A cost cutting in overhead will also help; however, CIEN must also place emphasis about continue spending on R&D. It must keep its lead on the technology front. Any achieved milestone with CSCO's partnership needs to be revisited and published, unless they are discussing about merger. I still think CSCO is the possible buyer because it has the money, ~$96,000,000,000 vs $1.2B for CIEN in Capitalization. It has a vested interest in CIEN's technology. CSCO needs to acquire new companies to help its growth in revenue and high PE. My perception about Analysts is that they work for brokerage firms and its clients to against other investors. Before they upgrade or downgrade a stock, their clients will have several days to unwind their position. So by the time they announced their opinion, the average investors like you and I already took a beating. In case of CIEN, many major transactions took place the first two weeks of Sept. IMO, they will try to keep the stock down in the low teens by selling into very uptick to keep it down until their clients can buy back after the 30 days tax law. Any suggestions on how to beat their games folks ??? Can some one with LEVEL II reading this thread to post who are the major buyer/seller ?