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Re: Wells Fargo rates CIEN
Overweight
jon, lt cap,
I must be missing something 'terrible' in CIEN's numbers,
because I don't find anything that egregious to give it a 10% or so
(including today) haircut. Like Jon, I wrote calls, but it ended
upas a net loss (compared to another 'victory' on Jon's call, lol).
I'll look at premiums as I might just re-option them.
The analysts seem fairly positive. Saw one with a (reiterated I
think) buy and a PT of $34. go figure
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