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

To: Kat who wrote (6955)	4/11/1999 6:00:00 PM
From: Sawtooth	Respond to of 12623

<<I don't believe you will see 14 again.>> All: OK, we're getting a lot of "won't go lower than"'s. Right now Cien is in a pullback; that can't be argued. I wonder if we can get some kind of consensus on how far Cien will pull back before a significant turn up (let's say 10% or more). If anyone wants to call the "bottom" on the current pullback I'll track 'em until a 10% up reversal is established. FWIW, I'm long a little Cien and I'll say 14 1/4 (although I think it has a reasonable probability of going lower). Of course, it's a craps shoot and a significant market correction would throw everything into a tizzy; so this is mainly for the fun of it. Anybody got their crystal ball turned on? ...Tim