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

To: JFTRADERS who wrote (5373)	11/7/1998 11:20:00 PM
From: Robert Einstein	Read Replies (1) \| Respond to of 12623

Hard to tell. Lot of suffering people in from much higher levels.The phenominal turnaround in the market. The question is how many people will sell to take a loss to ofsset other gains. I have a core position of 8000 shares purchased at $12, $14 and $19. I am now going to position trade 5 to 10 thousand share positions for 1 to 3 dollar moves. That is my hope any way. This situation reminds me of CSCO in 1994.It was busted. It has gone up 8 fold since. I don't know that CIEN will go up 8 fold, but it will not go OOB and will go a lot higher, in percentage terms, than the wall street tech darlings, INTC,DELL,MSFT & AMAT. Robert