Hopefully someone was in! - Aug 30, 04:36:05 AM 2005
Well, that 2.15 area was definitely hard support. If anyone had purchased the stock today, they were laughing. Ciena closed up around 2.29 area, which is more in line with the value of the company. Now we will not see this go below 2.20, and right now ...
[
full story... ]
CIEN a long-term buy? - Aug 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 befor...
[
full story... ]