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To: tom pope who wrote (18264)1/5/1999 9:38:00 PM
From: Ron McKinnon  Read Replies (2) | Respond to of 53068
 
Ton

some vague rumor on CIEN hit the daytraders late today

movement begets more movement

on watch list for the am in case it breaks 16 at which point I may join the mo mo crowd for a few minutes



To: tom pope who wrote (18264)1/5/1999 11:23:00 PM
From: DanZ  Read Replies (1) | Respond to of 53068
 
CIEN.

Tom,

I still have CIEN on my quote screen and saw the late rally today. While a buyout rumor probably sparked buying interest, the stock also broke what had been resistance at 15 and I think this brought in more buyers. It looks to me like there's a good chance that the stock will fill the gap up to about 17.

I read that TLAB is rumored to be a takeover candidate and would guess that this is why it was up 13 points today.

Best of luck with CIEN if you are still holding it.

Dan