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: Bob Smith who wrote (3862)	9/28/1998 2:59:00 PM
From: Doug Moulton	Respond to of 12623

Bob, Are you watching Level II today???? GSCO has been on the ASK just about all day long. Their bid right now is 14 3/16 and their ask is 14 5/8. It doesn't look like they are buying to me. FWIW. Doug

To: Bob Smith who wrote (3862)	9/28/1998 3:26:00 PM
From: gbh	Read Replies (1) \| Respond to of 12623

Bob, so GSCO was buying last week, and they are selling today. This doesn't mean jack squat, are far as them "knowing whats cooking". Perhaps last week they were just covering their short position? Perhaps they really know a deal is imminent? The only fact is, neither you nor I know what their motives are on a day to day basis, so its best to not try and read anything into it. All you and I have at our disposal is our FA and TA skills to try and help guide us. And right now the TA sucks and the FA sucks. The stock seems pretty comfortable right now between 14 and 15. Seems like the rest of the world thinks this is fair value.