Thank you for the very welcome reply to our
request for advice on Ciena ... you were one of only five
replies and yours was the only advice we took. Thank you!
We bought 1000 shares of escmf at $6.75 and it is
already at $9 !!
Having lost 25% in our first five
months in the stockmarket, we have clawed most of it
back in the last two weeks (and you were responsible
for a nearly an eighth of that recovery). The rest
was just luck and little more wisdom since we naively
jumped in prior to the Wall Street peak. We are now
selling some stuff (eg AOL at 112 and AXP at 88) and
holding a little more cash.
Thank you for your honest
and helpful reply to our plea.
Murray and Angela
PS We held Ciena and can now afford to stay for the
Merger is not essential. Lu and CSCO stocks were
in a free fall for the last few sessions. Causes
remain to be seen. Lu cannot even arrange a stock swap
transaction now, since its price could be $50 or $70 in two
weeks. All cash offer is another story, but they didn't
need to wait for it until October. What I would like
to see is one or two contracts. MCIWorldcom and
BellSouth would be nice, indeed.
you are right the WSJ summit is just a
a few companies in the networking arena;
how rumors fly by the uninformed; i too
am long on
ciena and hopefully I will see double
my money if it gets
to high 20s;
Here is part
of a discussion on TSC Summit where
affiliated money managers discuss the economic outlook
its mostly Jim Cramer, Herb Greenberg and ten other
managers. Comment made by Cramer about CIENA:
yahoo chat user (Craig): What do you think of the
theme?" and how do you value CIEN?
Craig: CIENA the bandwidth thesis is alive and
Cramer: CIENA will have a lot of competition. Ways
play bandwidth are in switching.
and other hedge fund managers who shorted CIENA
few weeks ago might be long again on CIENA.
fund holders, daytraders, individual investors can
CIENA back to mid 20s LU, CSCO, ASND might be willing
a deal for low 30s. With the current
value and what CIENA
is asking CIENA would have to
remain independent; I still think
we will see low 20s
in a month.
I guess there is the "possibility to talk"---
however, this isn't the same as getting 2 or your friends
to date each other-- bring them to a party and hope
the talk to each other. I don't think Ceo of Lu is
going to accidently bump into Ceo of Cien and strike up
some conversation. These are multi-billion dollar
You�re right. There will be CEO's of Texas
Instruments, Sprint, Motorola, Intuit, RealNetworks, Yahoo,
Qwest, Ameritech, Teligent, Nortel Technologies and, of
course, Ciena and Lucent.
But, under all the
circumstances I would not underestimated the possibility to
talk. CEO's are not absolutely immune on shareholders
talks and media covering of this exciting probability.
I don't mean to burst anyones bubble----don't get
me wrong, i would love cien to be bought out
This wall street journal summit sounds more like a
"computer show" such as comdex or similar--- it doesn't
sounds like a 1 on 1. I'm sure there are other people
speaking at this meeting-- not just those 2. If I'm wrong
please correct me.