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Technology Stocks : JDS Uniphase (JDSU)
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To: MileHigh who wrote (4490)1/16/2000 10:08:00 AM
From: Jill  Read Replies (2) of 24042
 
I disagree with Totman a bit at this point. Since CPI and PPI were tame, .25 is priced into the market, and Greenspan's speech was pretty encouraging, I think we're in good shape. However, I posted some snippets from Option Investor newsletter over on our Options G&K thread, as he points out we are probably still due for a general correction in February. It just happens. Moreover, he says we will probably have an earnings runup for JDSU until Jan 26. So short term it looks very good; long term it also looks great. My feeling is JDSU will be one of the stocks that makes a big runup this year. I've got a lot of QCOM, long and leaps, and some April calls I have to get out of, but now I'm going to start focussing on JDSU. So a correction would be pleasing, in order to load up.
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