Increased Short Selling in Data-Comm Equipment Stocks (CIEN, CSCO, LVLT, JDSU, JNPR)

Posted: September 11, 2008 at 2:24 pm

With the trends seen lately in communications equipment and data providers because of telecom spending dropping, it is no huge surprise that the short selling has been increasing in some of the stocks in the sector.  Some companies showed declines in short selling, but these are some of the larger companies that showed increases in short sales from mid-August to late in August:

Alternative Energy                          Aug 29         Aug 15      Change
Ciena Corp. (CIEN)                      10,613,944    10,213,947     3.92%
Cisco Systems (CSCO)               61,385,846    60,078,726     2.18%
Level 3 Communications (LVLT)  249,148,929  247,414,113     0.70%
JDS Uniphase Corp. (JDSU)         24,646,634   22,891,958      7.67%
Juniper Networks (JNPR)             29,631,812    26,574,049    11.51%

Jon C. Ogg
September 11, 2008

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