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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: VegasMan who wrote (4930)11/2/1998 12:53:00 PM
From: jan m.  Read Replies (1) | Respond to of 7247
 
PAIR---moving fast, huge volume. Jan



To: VegasMan who wrote (4930)11/2/1998 1:03:00 PM
From: Tim Luke  Respond to of 7247
 
from briefing:

11:48 ET CIENA Corp (CIEN) 20 11/16 +3 1/2 (+20%): Shares of telecom equipment maker continue dramatic rebound, lifted by takeover rumors and talk that company will announce major contract wins this week at an investor conference. Issue leads Nasdaq this morning with more than 20 mln shares traded. CIEN shares have soared 58% over the past week

IMO this stock will trade in the mid-20's at some point this week.