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

To: still learning who wrote (5525)	11/20/1998 3:33:00 PM
From: Scott Bergquist	Read Replies (1) \| Respond to of 12623

I think the huge volume means some of the serious arbs know that something in the works. 1000-2000 shares...yes, that is day traders all over the world. And 2-3-7 million shares. But 30 million shares, 15 million shares, 100k block trades. I don't think those are driven just by price movement + day traders. Not saying, that GSC and MER not above price manip to get a customer out of a poor position at a face-saving price. Op Exp day (today) has me suspicious... ;^). Another angle on acquisition >> in their 9/14 statement (see web site at www.ciena.com) Ciena stated that their new facility for mfg has a big overcapacity right now that they cannot take advantage of. Perhaps this is -still- a large enough prize to entice Lucent, the "usual suspects" etc.