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Technology Stocks : JDS Uniphase (JDSU)

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To: Boplicity who wrote (2600)12/6/1999 2:29:00 PM
From: t2  Read Replies (2) of 24042
 
As Guy pointed out, it just needs a vote. What makes me very positive on the prospects of JDSU's inclusion is the addition of Yahoo. S and P had stayed away from internet or speculative stocks until the inclusion of AOL a while back. It took a long time before they decided upon Yahoo. Lately, i have noticed a lot of companies with market caps of about 6 to 15 billion being added. After the Yahoo decision, I became more optimistics on this possibility of JDSU. The list of the Nasdaq100 market caps that i posted a few days ago, makes the addition of JDSU inevitable (in the near future, IMHO).
I wonder if the move up on the addition of a company is dependent upon the market cap. It will take a lot of buying to get the number of JDSU shares that would be required---due to the market cap weighting of the stocks within the 500.
The recent smaller additions did not move nearly as much as Yahoo---a very large company(by market cap) amongst the potential candidates. A $50 move in JDSU should be pretty easy when it is added.

I cannot image that S and P is ignoring JDSU. They want a representative grouping of stocks. JDSU would be the first of the larger fibre optics companies to be added which is another reason it is a strong candidate.

Just my thoughts
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