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Technology Stocks : JDS Uniphase (JDSU)

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To: pat mudge who wrote (413)6/21/1999 12:48:00 PM
From: Stephen L  Read Replies (1) of 24042
 
Actually I may force the event sooner. I have a sell order which could hit if Tech strength continues. I like UNPH but would I buy it back if I was sitting in cash now. I am not sure. A likely rate hike (25 bp) and Greenspan's past-time of market bashing doesn't sit well with high multiple stocks; even if revenue and earnings growth rates nearing triple digits are likely.

On the Tax issue, I will keep looking but I believe a big tax event is inevitable (with payment due) this quarter.
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