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Technology Stocks : JDS Uniphase (JDSU)

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To: hamsandwich who wrote (19318)3/9/2001 10:49:38 PM
From: Hank Stamper  Read Replies (2) of 24042
 
hamsan,
We're not quite on the same wave here. My 2c: At the present level, we are way overdue for a counter trend rally. We've been forming a bottom since late December. When the rally gets underway, I'm betting it will go 30 to 50 percent upward from here and take a quarter or longer to play out. But, we're in a bear market. We'll be back in this area again and likely, lower. If I was holding JDSU today, I'd wait and try to sell into the rally top.

Hank Stamper
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