JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Tunica Albuginea who wrote (4384)	1/12/2000 7:10:00 PM
From: t2	Read Replies (2) of 24042

I am expecting the momentum to last in JDSU a little longer than that--at least right up to earnings. I think we could still get a steady climb after that going into the March stock split---of course with lots of volatility. History of JDSU earnings release quarter resulted in a run up to earnings and a run up afterwards. That should result in a run up earnings as there is no recent history of "sell on the news" (unlike Yahoo). I am taking the current caution in the market to mean that the rally will last longer and longer. Prior to January, i thought we would go straight up until Jan 15 or so. I guess the market discounted that action and drove stocks higher in late December only to move up the anticipated February slide to these last 2 weeks. Incredible discounting mechanism!!! I take that as a sign that inflows are unused by mutual funds and will probably be put to use a little later. THe end result, we rally well into February even if we stall in the near future. Either way, we should have an explosive move within the next month. JDSU still has great things going for it. I am glad that the uncertainty has been created in the past 2 weeks. Enough bearishness on the tech sector for a pretty good pop.

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