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Technology Stocks : JDS Uniphase (JDSU)
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To: Normandi who wrote (2962)12/14/1999 9:26:00 PM
From: trouthead  Read Replies (1) of 24042
 
He may be right about the retrenchment in the first few months of 2000 but this quote just kills me.

"We've been in a stealth bear market for a year, a year and a half,' McCabe said"

What exactly is a Stealth Bear Market? Is that where bears wear those silly viking horn caps and stand next to the water cooler and talk about Y2K, sky is falling bull?

I am guessing that the recent sell off is a combination of things. The recent quick run to 270. The NAS sell off. I also get the feeling that JDSU is still a fringe stock. I am only speaking about the general public being aware of them not the quality of the company. But being less well known would mean it would be prone to wilder swings during times of no news.

jb
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