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


To: Curbstone who wrote (3808)9/26/1998 2:17:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 12623
 
From Busineeweek:

"Ciena burned arbs and amateur investors alike. Yet one group skirted the
damage, cashing in Ciena stock at average prices near 61. Nine insiders,
including Ciena's chief financial officer, a director, and five vice-presidents,
sold 303,500 shares for more than $18.5 million during two weeks in June.
Had they held on, those shares would now be worth less than $4 million."

Glenn



To: Curbstone who wrote (3808)9/26/1998 3:53:00 PM
From: Bald Man from Mars  Respond to of 12623
 
you got it right, buddy ...