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OT - CIEN
OT - CIEN - yes, the old CIEN CC Three Card Monte is around the
corner. Rumored report date is 8/30, and the calls confirm
this, as there is the usual large bump up from the Aug 24 calls to
the Aug 31st calls. The extant problem is that CIEN was crusing
along at $27.50 about a month ago, and it's been slammed down to
about $25.50. Do I want to buy more shares and option them
out, with the chance of being stuck with them? The last
couple reports from sector players might discourage that
thought. But CIEN has come in with decent results the last
several quarters.
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