Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Doug Gallian who wrote (4433)	10/19/1998 7:46:00 PM
From: garrick le	Respond to of 12623

Good and valid point.However,at its current price,CIEN is very undervalued and worth a look. Regardless of the real reason for stock price action today, buying CIENA at 12-13 will be a profitable decision 3 months from now. GL

To: Doug Gallian who wrote (4433)	10/19/1998 7:51:00 PM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 12623

doug, I think that responding to the misstatement was a hair-trigger reflex from those who think that its rise is inevitable, or who've been wanting an excuse to see it up again. There may also be a little bit of coincidence here, since many believe that the stock is way too far down, and know that is worth more over time, approaching the vicinity (well, maybe not quite in the shorter term) to where it was once at. FWIW, FAC

To: Doug Gallian who wrote (4433)	10/19/1998 11:41:00 PM
From: jach	Respond to of 12623

<they see themselves as a $30 to $40 stock> absolutely, imo, CIEN should be around 30$. With earnings momentum back to where it was before, it should be at 50+