JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Bill Holtzman who wrote (3487)	12/29/1999 5:20:00 PM
From: t2	Read Replies (1) of 24042

Bill, Excellent observation on the effect of QCOM on mass physcology. I am convinced it will only help the JDSU stock price. The rebound late in the day (last 10 minutes) is a great set up for future gains. We probably have seen the last of the stock split traders (and i bet they made a bundle). Going into earnings, i cannot image this stock below 200 (split adjusted). I think that is conservative. If the market cap keeps increasing, the S and P addition is academic. We saw what happened to Yahoo and i would expect a bigger reaction in JDSU (or at least as big). One has to ask whether one can stay out of this stock and lose out on huge potential gains. I believe this will provide a support to the stock price. Additionally, can one take the risk of being short in this stock? I don't think so---too risky (stay in cash instead). I am expecting at least a 10 point gain tomorrow. Thank you QCOM (i mean "thank you painewebber")<g> BTW---Image those people that panicked and got out at 220 after the declines (was it 3 weeks ago ???). Too risky to stay out of this one. Just my opinions of course.

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