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Technology Stocks : JDS Uniphase (JDSU)
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To: SJS who wrote (9956)5/2/2000 9:55:00 AM
From: t2  Read Replies (1) of 24042
 
Not surprised about the S and P. I believe they are still looking at the net income figure. Could also be waiting for the aniversary of the JDS Fitel and Uniphase merger.
It appears they are getting closer.
They want to keep it more of a "value" index. Maybe they just want a stock with a PE. Once JDSU gets there--soon, it could be automatic.

I am not sure it is a big deal to be added to the S and P anyways. That is why I don't bother with it anymore. Watch this current addition, SEBL. I don't think it is going up too much.

I am not holding JDSU for that reason. I am holding it because I feel as we get into late year, the stock will move up considerably. If that merger gets approved, we could get a huge boost at that time in stock price as well.
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