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


To: Helios who wrote (4329)10/15/1998 6:55:00 PM
From: Jamey  Respond to of 12623
 
Helios, I fail to see how sellers could effect the upside on CIEN because of the 7 million average volume on this stock.
The shorts will be running for cover because there is no good reason to short at $8.00 unless somebody has there head on backwards.
Look for a nice bounce with the market sentiment turning good with the interest rate cut.

Santiago



To: Helios who wrote (4329)10/15/1998 7:06:00 PM
From: Pullin-GS  Read Replies (2) | Respond to of 12623
 
Several large blocks traded towards the close at the offer.

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