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OT - CIEN
OT - CIEN - a major brokerage downgraded CIEN to 'neutral' from
outperform. Hasn't had a big effect on a the stock.
Decided to pick up some more Abbott Labs (ABT) based both on
prospects and current momentum, and increased a modest stake in
ISRG by 50%. Yes, they're near all time high, but I don't see
competition in their main area of prostate surgery and I believe
they will be trying to expand their surgical devices portfolio. I
will look to buy more if we get a dip.
I know most folks here don't have much love for the Fed. But
listening to Powell's press conference today, I think he's the only
Trump nominee who sounds like he knows what he's doing. Well
spoken, clear communicator. Certainly an improvement over
'Syellin'.
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