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Technology Stocks : JDS Uniphase (JDSU)

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To: Kayaker who wrote (1457)10/27/1999 12:48:00 PM
From: t2  Read Replies (1) of 24042
 
Nervous? Not me. I am expecting this one to keep going up past earnings. A small selloff after a big run up like yesterday is not unusual but the day is young!!!!
A selloff is not automatic after earnings. Look at its competitor, SDLI, that just reported---they are up about $3 after their stock had a run up. I would expect a bit of a selloff if it reaches the high 150s before earnings---but the 140s look pretty safe to me.
IMHO.

BTW--look at the customers and what they are experiencing. NT CEO said something about being sold out in certain products in this area.
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