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

To: Ed Silverstein who wrote (3985)10/1/1998 9:48:00 PM
From: Pierre Aydin  Read Replies (1) | Respond to of 12623
 
rumors are going to start again, check it out : biz.yahoo.com



To: Ed Silverstein who wrote (3985)10/1/1998 10:02:00 PM
From: Wayners  Read Replies (2) | Respond to of 12623
 
A break of $13 (nominal level) returns CIEN to $11. In my opinion, its going to break $13, just looking at and projecting forward the 3 day moving average. Only news/rumors will change this. Lets see what happens on the 8th of Oct. We may see a driftdown below $13 and then a sudden pop upward.



To: Ed Silverstein who wrote (3985)10/2/1998 12:19:00 AM
From: gbh  Read Replies (1) | Respond to of 12623
 
Ed, I think we will test 11 again. I also think we are a long way from 20. Buyout rumors got CIEN to the 15 range. And that was before the most likely suitor, CSCO, flat out denied interest.

I think 20 will require a better than expected Q, which will be very tough for this Q. Or some truly new business coming to bear.

Gary


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