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

To: Wayners who wrote (3886)9/30/1998 3:12:00 AM
From: jach  Read Replies (2) | Respond to of 12623
 
almost all high-tech companies are under some form of shareholders lawsuits; nothing new and after 5 yrs later each shareholder will get 2 cents for each share and the lawyers will get as usual their 200$/hr typing and filing fee for a total of 10000 hrs-

As for CIEN, the stock did have great upside momentum during the last 2 days except some amount of profit taking and few leftover nervous investors bailing out, should go up higher starting in Oct - more contracts and upcoming IP/ATM over DWDM product will move the stock to higher levels- Cien is in fact more Internet oriented than the hyped-up companies like amzn and yhoo; cien is actually making much needed bandwidth more affordable -



To: Wayners who wrote (3886)9/30/1998 2:02:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 12623
 
Dear Wayne:

Thanks you are right I missed that obvious point. But what was the article saying then and how did they link CIEN to NYSE announcement re: RJR The annoucement is stillconfusing but the action on CIEN is not as it is getting whacked wit just about everything connected with telcom/network gear.

Thanks again for pointing that out but the press release still confuses me.

JFD


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