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

To: hoyasaxa who wrote (4731)	10/30/1998 5:48:00 PM
From: Bald Man from Mars	Read Replies (2) \| Respond to of 12623

Sometimes the fundamental does not matter ... NO stock trades on fundamentals alone ...

To: hoyasaxa who wrote (4731)	10/31/1998 4:04:00 PM
From: TH	Respond to of 12623

I don't know what to say to you, but the numbers don't always tell the tale. The last stock I closed out i held for about 10 days. It returned 92% and the numbers looked real bad. It was called AMMB. Go take a look. You know what was more important on this one (AMMB) than the numbers? It was who held the paper. Go do some dd on it and I bet you would have passed on it. There is a place for the numbers, but they are a part of the picture. I admit, from an earnings perspective right this second, cien does not look great, but what if you new that a big change was coming as far as future earnings were concerned? well that is the case with cien, but more important is that its in play because they have some toys the other kids want to play with. good luck.