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


To: DanZ who wrote (5042)11/2/1998 8:49:00 PM
From: Doug Gallian  Read Replies (3) | Respond to of 12623
 
Good post Dan.

I've placed an order to sell at the open. If the stock rises slightly and stalls I will most likely try some Nov. Puts for a quick gain while it falls this week. Next week my hope is to buy back in around $17 and stay long for quite awhile! We'll see.

Remember all, no stock goes straight up forever.

Did everyone see how quickly TLAB dropped 6 points late this afternoon? It recovered a few just before the close but man I've never seen a stock drop so fast! What gives?

Doug



To: DanZ who wrote (5042)11/2/1998 8:54:00 PM
From: Bill Pilorusso  Read Replies (1) | Respond to of 12623
 
Dan you make an excellent point. However what if Ciena announces their
a new contract with Bell South as reported on Bloomberg last friday.