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Technology Stocks : JDS Uniphase (JDSU)
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To: Hank Stamper who wrote (5929)2/2/2000 5:00:00 PM
From: t2  Read Replies (2) of 24042
 
David, I think we should know very soon whether your decision to sell was a good one. Of course i will find out whether to buy back my trading shares was a good idea.

I have to say that i am more confident on JDSU going forward. We only have about a 2 week window of uncertainty on this stock. I think we should rally big going into the shareholder approval for increasing shares on Feb 25. I realize it is a meaningless meeting since the outcome is known. However, i remember what happened the last time they approved the stock split---the stock took off even on that expected "news".

Since the selling has been happening in January, I am starting to think that the ever improving market discounting mechanism may push us to new high before that date.
Of course we could be in a selloff by then.<g>

Getting so unpredictable if one is a short term trader. That is why I decided to just hold through this volatility.

good luck.
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