Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Sawtooth who wrote (5364)	11/7/1998 11:12:00 AM
From: sam	Read Replies (1) \| Respond to of 12623

Thanks. I have been sitting on the sidelines now w/r/t Ciena because I am not sure in which direction technology will be leading. SilkRoad's claims, if they pan out, sound remarkable. On the one hand I like CIEN and am seduced by the recent 90 dollar price. On the other, I fear that they'll fail to garner RBOC clients and miss the merger game. That said, I've been pleasantly surprised that CIEN hasn't fallen back to 12 (or even 8). Maybe because the market has been so strong. Maybe its because of the Enron contract. Maybe someone knows something we don't. Unfortunately, I'm afraid the traders will wrench a few more phony rallies out of CIEN before we get a sense of where we are "really" heading. I hope its up -- and I hope that by that time I'm long. ;)