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Technology Stocks : JDS Uniphase (JDSU)

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To: Jimbo who wrote (1705)11/4/1999 8:12:00 AM
From: t2  Read Replies (3) of 24042
 
Are you saying there will be a wave of selling on this news ? - Momentary at best I would think !

I agree. It would be only a momentary drop if it occurs at all. Actually, i am expecting a big pop in the stock----probably going over 200 very quickly this morning.
This stock is getting so much exposure in the last day or so and people are just waking up to it. Under such a scenario, the sellers would be overwelmed by the buyers and we should shoot up rapidly to about 210 or higher by the end of the week.
Good Luck to those who still want to get into the stock.

It reminds me of Yahoo and how they were able to acquire while traditional companies could not. As a result they became very large.
The good thing about JDS is that it is not an internet company and still able to do this!!!
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