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Ciena Corporation Message Board

  • rock12077 rock12077 Feb 21, 2007 12:58 PM Flag

    Light market volume, record margin

    debt market at highs, can this be a set up for some sort of a correction??

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    • I don't know, nobody does... what WE ALL know is that a correction of significant magnitude is coming. When is the question. Even a minimal one, of 5-7% kind, would temporarily crush stocks with recent run ups such a CIEN.

      But for the little it is worth, I don't expect the big C to show up until the end of March or beyond...

      • 1 Reply to pepevega2001
      • When the market corrects (and it will) it will be relative to future prospects of each individual stock. "Rising tide floats all boats !! CIEN will correct like all others but will outperform as long as they continue to grow sales/profits/cash flow and give positive guideance. Choice is to short market, stock, or convert to cash. I'm an investor and will continue to hold CIEN because my due diligence leads me to believe it is well positioned for continued growth and will add to my position on any significant pull back of the market.

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