OT - CIEN continues its rise as of late. Put in an order to sell Aug. 10 calls stk $27 for $1, but it's backed down a bit, so they probably won't get filled, at least today. On the other hand, NOK has steadily slipped from the $6's into the $5.70 range - anyone who has news on why either of these trends are in place, speak right up, if you wish. I can't find anything that would serve as explanation.

Altho NVDA has retreated off its highs, I will keep a close eye on them. I think they've got a bright future, having competitive offerings in datacenter and AI chips, not to mention their untouchable lead in videocards. Perhaps it's the 'overhang' of mining driving up GPU prices that accounts for the slippage. One of the major brokerages had NVDA at buy, while INTC and AMD were at hold. 

I think the AMD rationale was not only the videocard (expected) slump, but that their P/E was getting rich compared to their prospects. Funny, in the sense that NVDA sports a rich P/E, but their growth projections seem to be on a more soid footing (altho, according to one set of data I've seen, it predicted that their rate of growth will slow into the single digits for the next two years. Who knows what is the correct analysis?)