JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Guy Gordon who wrote (4411)	1/13/2000 5:24:00 PM
From: Guy Gordon	Read Replies (1) of 24042

Oh No! "that rumor" makes CNNFN: CNNFN 1/13/00 - 2:15:05 PM ..... telecommunication stock they have gained 3 point 2%. Big part of recovery of what we're see for telecom is mci worldcom which is bouncing back and also telecom equipment company gaining ground too. Fiber optics player look strong for wok thing going earnings season and expected it that most company will report strong result and rumor ons this leading fiber-optic pone maker jds uniphase will soon be added to s&p 500. Jrx dsuccess is surging today. Stblerk tech dynamic gained. Earlier this week reported becton dickinson earnings. >> Analyst say ciena attractive merger candidate. Looking strong on the day. The nasdaq composite also building on strength. Up by 44. Slipped a tad in past couple of minute at 3894. Active volume 900 million shares. Kitty: All right. Thank you very much charles molineaux. When we come back we'll talk to frank holmes chairman and ceo of u.S. Global investors about his stock picks. That is next on cnnfn. >>> Our next guest likes a few beaten-down stocks. Frank holmes is chairman and chief executive of u.S. Global investors. He joins us now to give us his market outlook. Thank you for joining us. >> My pleasure. >> You know just sitting here talking about some of your stock picking that you made last time how much they have come up. In fact last time you were here talking about gucci gone through the roof sincery talked about it what is going on. >> I think earnings will be ..... CNNFN 1/13/00 - 1:16:17 PM ..... here. Kitty: All right. >> We have plenty of call thing our number is 1-800-304-fnet we'll be right back. Bill: All right welcome back taking your calls we have a lot ofphobes to phone let's get right to them eugene in illinois you are on the phone and go ahead with your questions for stephen. >> Yes sir i'd like to know your long-term outlook for jds uniphase would you buy at level if not what is your entry point. >> During the break we discuss the stock another stock sdli in same fimpd jdsu ran up again. I liked to down at $88 and it ran up to 200s there dollars now back could off i think today up about 6 points at 186. Kitty: At 187. >> I think all over priced. Maybe some pullback you know if the nasdaq does take a hit a three or four hundred points or more if fed raises people want to get out take profit, this is one area that will look to take profit inform becoming a momentum stock and you know ining that yous day traders a lot of people trading this stock they have been trading it for long side have been successful i think stock is pricingy at 3 nesting many pricing on these levels maybe a sell-off at about 140. Kitty: Okay. Who are we going to next?

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