SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?


To: Adrew Thanh who wrote (6529)2/19/1999 7:07:00 PM
From: Nevin S.  Read Replies (1) | Respond to of 12623
 
I agree! Many stocks I've owned have taken several days to react to good news (e.g. good earnings report). I think The Street and institutional investors have been looking for the turning point and this is it. Sales up on a sequential basis, gross margin up, new contract announcements. All of the pieces are falling into place.

Yes, there could be some short term weakness related to market jitters, but the stars will rise. My only caveat here is that if the market drops precipitously and large cap (brand names) become cheap, there will be a flight to quality.

Go Ciena!