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


To: DrGamble who wrote (5599)11/24/1998 5:00:00 PM
From: Gabor  Read Replies (1) | Respond to of 12623
 
Dr.Gamble,
I was hoping for cien to go to the low 16s so I could load up again.I
think it will go to 19 tomorrow the problem is that I don't belive it strong enough.
Regards
Gabor



To: DrGamble who wrote (5599)11/25/1998 1:54:00 AM
From: Sye Walsh  Respond to of 12623
 
17 1/2
Covered 1 day earlier than I thought. Have made 38% on this stock in last 3 weeks, Fun.

Here's some non-random walk thoughts for future trades.

Downward rational:
1. Earnings will not be on par with what we have come to expect.
2. Company has all but stated that there will not be a buy-out in the near future.
3. Turkey weekend coming, could be mass exodus so as not to be holding. (possible buying opportunity tomorrow?)

upward:
1. Earnings expectations will harmonize with actual results
2. More rumors eg.....buy out.......contracts.....
3. Stock is undervalued per analysts

Conclusions: None

Will be looking for entrance point tomorrow.

Luck and money to you, not necessarily in that order. Sye