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


To: DrGamble who wrote (5529)11/20/1998 4:37:00 PM
From: Dorine Essey  Respond to of 12623
 
Thank you Dr. Gamble

Dorine



To: DrGamble who wrote (5529)11/20/1998 6:20:00 PM
From: Sye Walsh  Read Replies (3) | Respond to of 12623
 
RUMOR SUCKERS

ru·mor (roo'mër) n. 1. report or statement circulating as truth without any evidence to support it; unverified story. 2.general talk; hearsay: rumor has it Ciena will be bought out.

suck·er (suk'er) n. 1. one who or that which sucks. 2. slang. one who can easily be cheated, deceived, or imposed upon: anyone who thinks that Ciena will be bought in the near future is a sucker


Ciena will have to prove itself through earnings improvements before we see any return to it's glory days. Options action like we saw today is nice but I will be surprised if we are not back to 17 by weds next week.. Sye




To: DrGamble who wrote (5529)11/20/1998 8:40:00 PM
From: PAL  Read Replies (1) | Respond to of 12623
 
Another analyst said that given the stock's heavy volume, "I suspect it's takeover rumors."

One does not have to be an analyst to suspect that. Here is my earlier post:

Message 6497358

Hope that the rumor will intensify and spread like wild fire next week.(VBG)

Good Luck investing.

Paul