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Technology Stocks : JDS Uniphase (JDSU)

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To: FlameMe who wrote (1494)	10/28/1999 9:00:00 PM
From: t2	Read Replies (1) of 24042

I sold all my deep in the money options and bought a few nov 145s this morning (greed took over). Your buy does not seem like a bad idea---after the conference call. Looks good for tomorrow. Maybe i won't have to do covered calls anymore. At the very least, it does not look like we will have a selloff. The afterhours quotes may be indicating a positive move. The top line growth as in the news story seems to be what turned it around along with their projections going forward. I am still not very confident but the downside risk now is much lower than it was just when the numbers came out.

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