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


To: Doughboy who wrote (6594)2/24/1999 2:14:00 PM
From: Keith Lenart  Read Replies (1) | Respond to of 12623
 
Congratulation Longs. I've got Mar 25 calls that I bought earlier this month as a technical play. I was beginning to think they would expire worthless, before today's blast off. IMHO, CIEN looks *fantastic* now technically and fundamentals looks to be turning around as well.

Everyone has to pull there own trigger, but I'm not dumping this one anytime soon. I'm forecasting a close above 29 1/8 either today or very soon and cautiously optimistic that we may see mid-30s before March expiration.

Good luck and happy trading.