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


To: Bald Man from Mars who wrote (4217)10/9/1998 5:29:00 PM
From: put2rich  Respond to of 12623
 
Baldy,
Most superstuds like csco lu msft dell and internuts are still very profitable this year. Glad I was out w/o loss, and will buy back later.



To: Bald Man from Mars who wrote (4217)10/9/1998 5:36:00 PM
From: gbh  Respond to of 12623
 
BMFM, many, many, many (probably more than ever) long term investors have probably sold sizable pieces of profitable investments recently to protect those profits from eroding. Think of all the profits in the banks and the big techs for people who have held these securities for 2-5 years (yes, many people did buy DELL and CSCO and MER and TRV two years ago). Panicked brokers I'm sure have been urging these people to "take money off the table" and to "lock in profits".

Well, those same brokers may have gotten people into CIEN at 90, 80, 70, 60, 50 ,40, 30, 20, and even 10. Get the picture.

Gary