
CIEN a long-term buy?
Tuesday, August 30 12:15:05 AM 2005
Well, after the run up CIEN made mid-week, it looks like the 2.15 area will be heavy support. At any price below 2.20, CIEN is undervalued. By mid September, we could see 2.40-2.50 if earnings are in line or better. Keep in mind they are released before the bell on Thursday, September 1st.
Good Trading
Source: Trader Gus' Trading & Poker Blog
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