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Technology Stocks : JDS Uniphase (JDSU)

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To: Boplicity who wrote (3915)1/6/2000 6:14:00 PM
From: t2  Read Replies (2) of 24042
 
Greg, I think any company involved in fibre optics (more of the pure players) should have blowout quarters. JDSU, SDLI, ETEK, etc..
However, don't know when the selling will stop. I have a feeling that a lot of international investors, particularly, Japan and Hong Kong decided to exit the Nasdaq. The silver lining is that their markets have not done well either. It is not a matter of them pulling out and dumping the cash in their markets. The cash stays on the sidelines for a short period of time.
Expecting funds to start dumping the Dow stocks (and other low PE stocks) as they seemed to have already been pumped up. Where will they go? Where else? The Nasdaq.com!! Then it will be a matter of picking the best stocks to be and i think JDSU probably ranks right up there.
So far i have not seen any sign of a slowdown--probably even an acceleration considering companies like Lucent got caught off guard. I wonder how NT did---i bet it will make its quarter with no difficulty. Looking to add ahead of its earnings on jan 25.
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