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

To: Tim Luke who wrote (5012)	11/2/1998 5:33:00 PM
From: Sawtooth	Read Replies (1) \| Respond to of 12623

<<sounds like Volpe Brown were caught with their shorts down today...>> LOL!!! If one listened closely, the advisory did almost have a slightly terrified tone to it, didn't it!

To: Tim Luke who wrote (5012)	11/5/1998 11:13:00 PM
From: HoyaBob	Respond to of 12623

MERGER is probable, but not imminent or certain. Goin with the flow, I'm continuing to add on dips. With covered calls and averaging down, even a guy like me can make money with CIEN if they are patient. There has been very interesting action in the 30 - 35 range for covered calls. Check it out. I think that, within the next six months, either CIEN will be doing gangbusters on its own, or it will be purchased in the mid-30's on up. CSCO's Chairman today talked of spending $5 billion to acquire as many as 10-12 companies over the next fiscal year. Think what CIEN would do for other telcoms.