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

To: gbh who wrote (3797)	9/28/1998 12:39:00 AM
From: Stash	Read Replies (2) \| Respond to of 12623

Gary, Your right...Must have been wishful thinking. Had to go back and read the post. If you consider all the weird circumstances of this busted merger and the hype re. csco rumors,GSCO accumulation,lost sales, intimation of Lu and t sabotage a firm value for CIEN will probably take 2 QTR of earnings and some contracts being signed. Charted it for fun. Looks pretty bad...huge negative trend lines-MACD, support~14 on strong vol.,however,the chart merely reflects all the hype and BS related to this merger gone sour ie. a trailing indicator for now. It is going take some time for CIEN to heal.JMO Regards, S clearstation.com