SI
SI
discoversearch

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: hung wood who wrote (5032)11/2/1998 7:52:00 PM
From: Tim Luke  Respond to of 12623
 
this stock will run for days....the fun is just starting



To: hung wood who wrote (5032)11/2/1998 7:54:00 PM
From: Tim Luke  Respond to of 12623
 
Implied volatility in Ciena Corp. (Nasdaq:CIEN - news) options shot up to around 120 to 130 percent in heavy trading. Calls were active, with traders unable to explain the activity or the 4-5/8 rise in the stock to 21-13/16.

''Some people might be talking takeover again...but it looks like a dead cat bounce to me,'' a trader said. ''The stock was oversold and people now have cash. It was a 90-dollar stock and now it's 20. People probably figure, why not take a shot?''


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News