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

To: saju chacko who wrote (3825)9/27/1998 1:48:00 AM
From: michael liu  Read Replies (1) | Respond to of 12623
 
Short term or immediate term = $18 - $20
plus 2 pts overshoot. Long term (1 year)
= $30 - $40. Cien is undervalued at this
point. It will continually rally next 20
days. Its financial background (balance sheet)
is good. Technology is ahead of others.
I don't think that CIEN management is
willing to talk merger at this price. Once
it settles back at mid 20s, then we can
talk about merger. Now, it is
a value play. Good luck for all LONGs.

Michael



To: saju chacko who wrote (3825)9/27/1998 11:32:00 AM
From: Secret_Agent_Man  Respond to of 12623
 
Beware of Johanna Bennett, she was involved in the Source Media Rumor
that fell to the ground the "rumor" shot SRCM from 15-39 and now to 6-8 range.... Her sources seem to be the "net" yet, her scorecard is less than amicable. I have always liked CIEN and I got in at 11-1/8
not because of a "buyout" but because I like what they do.


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