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Technology Stocks : JDS Uniphase (JDSU)

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To: Dalin who wrote (5205)1/26/2000 4:09:00 PM
From: Frank Ellis Morris  Read Replies (2) of 24042
 
What probably pissed the traders or investors off yesterday was Qualcomm went up almost 9 points going into the close and then came out with good earnings but a warnings comment from their ceo. The market had staged a nice recovery only to have everything pounded on today. Therefore today we have investors, traders and speculators saying to themselves screw this bullshit. If Jdsu does not come out with good earnings or the CEO wants to say something stupid they will not wait around to see what will happen. I agree with those who feel that the year 2000 so far just plain sucks. I think many are also getting fed up seeing the stock market take a daily beating without let up.
The constant rise in oil and the damn worry about what Greenspan and his people are going to do.

BTW we just had the worse snow storm in four years and trying to dig out from the snow drifts.

Frank
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