Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: MThree who wrote (3654)	9/24/1998 9:37:00 AM
From: pass pass	Read Replies (3) \| Respond to of 12623

It's quite likely the Company A is not Cisco but ASND.

To: MThree who wrote (3654)	9/24/1998 9:51:00 AM
From: gbh	Read Replies (1) \| Respond to of 12623

Mthree, considering CIEN started the recent rise from 11, there is now reason to fall back to 10. The rise from 11 was on very high volume. The funds and institutions doing this buying, were buying both buyout potential, AND perceived value. Well, the immediate buyout potential may be gone, but the perceived value piece is still there. This will give us all a chance to see thetrue current value of our stock. I suspect the stock settles somewhere in the 12-13 range by tomorrows close. The stock was due for a bounce anyway. 10-11 appears (at this point anyway) to be the oversold region.