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Technology Stocks : JDS Uniphase (JDSU)

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To: Labrador who wrote (5363)1/27/2000 11:41:00 AM
From: t2  Read Replies (3) of 24042
 
The downward move this morning is no big deal. I had expected this after the initial move.
This stock has now stabilized above the 200 point. That is a great sign. It is also a reason that the put premium on the 200 strike has gone down after the earnings.

IMHO, This is as bullish a sign i have seen for this stock.
There are now too many who sold ahead of the earnings ready to buy it back because they actually believe in the future for this company, resulting in great support.

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