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

To: John F. Dowd who wrote (3945)	10/1/1998 12:06:00 AM
From: Dennis Wang	Respond to of 12623

I believe that is company stock purchase plan cause it. My company do this every quart and always the last day of each quarter, there is a jump.

To: John F. Dowd who wrote (3945)	10/1/1998 1:26:00 AM
From: L.B.Nguyen	Read Replies (2) \| Respond to of 12623

Top 5 powerhouses in number of shares traded in August. Sept data is not yet available. SBSH SALOMON, SMITH BARNEY INC. M 17,464,652 JEFF JEFFERIES & COMPANY, INC. M 9,732,938 MLCO MERRILL LYNCH M 9,353,848 INCA INSTINET CORPORATION E 8,318,800 NITE KNIGHT SECURITIES, INC. M 7,037,682 GSCO GOLDMAN, SACHS & CO. M 207,488 year to date: SBSH 48,691,027 is 1st GSCO 43,574,364 is 2nd BTAB 37,592,993 is 3rd MSCO 34,901,046 is 4th. After some data analysis (guessing), up to August, GSCO seems to be a major buyer for CIEN for the first 6 months of the year. Price went from ~40-80. MSCO also seems to be a buyer. SBSH and MLCO are definitely top two sellers during July and August. If SBSH and MLCO are slowing down on the selling and GSCO is more on the ASK, this stock will trend up from here. Now if GSCO is on the bid, look out below, it still has lots and lots of shares, unless it sold most of it in Sept.