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Technology Stocks : JDS Uniphase (JDSU)

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To: Kent Rattey who wrote ()1/7/2000 5:35:00 AM
From: Smacs   of 24042
 
Well, only a couple of hours before the jobs report comes out! IT could make or break the day. I've been buying JDSU (actually I've been buying it on the TSE so it's JDU) since it was around $35 so I'm not too rattled by what's been going on. To be completely honest, I'm actually hoping that JDU drops BIG at the open as I plan to buy a bunch of MAY call options today. I just can't resist a buying opportunity like this one. I had been kicking myself all last year that I hadn't bought more shares at the early stages. Now I can do something about it (albeit at a much higher price than when I should have stocked up).

I can understand some people worrying if they've jumped in recently at a high price. My best advice is to hold on to your shares. JDU will rebound strong and you'll only lose money if you sell while it's low.

Here's to a lower open;)

-sm-
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