OT - CIEN - reported results, beat most expectations, slight hint of a possible hiccup going forward. Stock down a bit below 5%. Unless I'm missing something, I think the news didn't deserve a 5% haircut by any means. It may also be partly a reaction to what I've described as possible overvaluation, given the run its had. Given the premium collected, I'm down very little. And instead of re-writing calls, I'm going to hold onto what I bought recently, as I think their future looks pretty good, and I think the analysts are more likely than not to come out and defend the stock.