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Technology Stocks : JDS Uniphase (JDSU)

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To: Rich1 who wrote (5411)1/27/2000 4:48:00 PM
From: Hank Stamper  Read Replies (1) of 24042
 
"This kind of reminds of the day that 7 analysts either upgraded or started coverage on UPS and the stock was down 10%."

This might have some validity. Might could. If it did in a mo mo market, a person would simply want to buy the dip without regard to fundamentals such as p/e etc. Without regard, because there would always be another person tomorrow willing to pay more for such a great growth company.

It might could make sense if only the rest of the market was in good shape. It is not--there are many signs that appear to be pointing to a major market top.

Ciao,
David Todtman
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