JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: t2 who wrote (5966)	2/3/2000 7:53:00 PM
From: David Graham	Read Replies (1) of 24042

re: hedge funds, I agree with SJS. Generally speaking, funds that are short T-bonds for any reason would not usually be shorting high PE stocks. The most common bond & equity funds are convertible arb funds, where someone will be long a convertible bond and short the underlying stock. The guys likely shorting JDSU-type stocks are those running short-biased hedge funds and pure mo-mo gamblers who are short for small periods of time.

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