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Technology Stocks : JDS Uniphase (JDSU)

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To: swisstrader who wrote (4046)1/7/2000 8:04:00 PM
From: t2  Read Replies (2) of 24042
 
JDSU being undiscovered was what i had stated and picked up by CBSMarketwatch article on the message boards. I have posted the link to the article below.

Although i have not been getting feedback from other JDSU investors on the issue of addition to the S and P 500, i believe it will happen soon and cause a Yahoo like move when that stock was recently added. I have been very repetitive on this issue.

JDSU's market is probably over 60 billion after today and they are acquiring a company (deal closing this spring) OCLI which also should another 5 to 6 billion.
I do not recall any other company with a market this high and not being added---I believe yahoo was around 50 to 55 billion and it is a net stock!!! QCOM was only around 35 billion but had high revenues.
I think the JDSU addition is going to make it tough on index fund managers to add such a high market cap stock.
I believe this alone will be worth at least 50 points and that is why i think 100 point from here to March is very likely---i might be a bit conservative on my price target.
A lot has to do with momentum and it is here in JDSU.

good luck
cbs.marketwatch.com
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