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September 4, 2013  Wed 7:31 AM CT

CIEN: SEE CHART GET CHAIN FIND STRATEGIES

Earnings Crush Street Expectations

Ciena earned $0.23 a share in its third quarter, crushing the $0.16 average analyst forecast. Revenue of $538.4 million also beat the Street's $533.5 million number, and guidance was strong going forward. CIEN climbs 9 percent before the opening bell on my tradeMONSTER platform.

Fat Premium For Rochester Medical

C.R. Bard agreed to purchase Rochester Medical for $262 million. The deal values the company at $20 a share and will expand BCR's urology business. ROCM rockets 44 percent on the news.

Francesca's Hammered by Weak Results

Francesca's Holdings reported second-quarter earnings of $0.33 on sales of $89.6 million. Analysts had expected $0.35 and $94.5 million, respectively. Management also cut guidance, citing challenging conditions. FRAN drops 18 percent in early trading.

 

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Market Level Making You Nervous, Huh? Part 3

In last week's article, we discussed how important the extra cash you save by using the Stock Replacement Strategy over buying the actual stock is! That extra cash in our account instead of being unnecessarily tied up in a stock position allows us to buy the puts we would need to protect our downside in the case of a major sell-off.

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