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Technology Stocks : JDS Uniphase (JDSU)
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To: Smacs who wrote (6547)2/21/2000 2:01:00 PM
From: Maxer  Read Replies (1) of 24042
 
I think the market taking a quick dive down is not all together a bad thing. The interest rate fears is boloney-- 6.25 or 6.5% or 7%, few will cares if the indexes are moving at 20% or more a year.

We need something to kick JDSU out of the 200-215 trading range, and a good fall into the 170's or so would do it. (Unless you are heavily margined, of course.) The elastic effect of the price dropping is what kicked the stock up to 248 in January.
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