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CIEN (Mon: Closed at 1.87, cash-on-hand 1.84 per share)

 
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arthur
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PostPosted: Sat Aug 07, 2004 9:15 am    Post subject: CIEN (Mon: Closed at 1.87, cash-on-hand 1.84 per share) Reply with quote



RSI oversold. May bounce to 2.41 (previous low). Mon Aug 9th: CIEN closed at 1.87. CIEN cash-on-hand is 1.84 a share with $1.04 billion in total cash and $0.69 billion in total debt. Current ratio (current assets divided by current liabilities) over 6, which is excellent.
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