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: George the Greek who wrote (4479)	10/21/1998 4:30:00 PM
From: Curbstone	Respond to of 12623

Since the thread has slowed a bit: I've been told that a stock under distribution will stall or drop in price on increased volume from the previous day, a few days of distribution usually preceeds a large drop in price. Today we had a continued increase in price on falling volume. Does that indicate that CIEN is under accumulation? To some this may seem like a dumb question but I'd be interested in general interpretations of daily price/volume movements and what can be inferred from them. Anyone? Aloha, Mike

To: George the Greek who wrote (4479)	10/21/1998 5:50:00 PM
From: Kachina	Read Replies (1) \| Respond to of 12623

Ciena has working products that are simply next years vaporware at Lucent. Ciena is losing contracts in the low end (8 channel range). Lucent, Pirelli, others have this technology. But Ciena has (hmmm.) 48 and 96 channel? (I think that's right. We are talking without reference materials now.) Nobody else has it that I am aware of. So Ciena is the only player on the high end. Lucent is spinning marketing "announcements" of products that do not exist in an effort to get other companies to wait for the higher end from Lucent. A form of bait and switch. It also looks (to me) like Lucent has been trying to reverse engineer Ciena equipment. Maybe more than that even. The timing on that "fire" was just too coincidental for me to believe. Lucent and ATT scuttled the merger with their phone call.