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Technology Stocks : JDS Uniphase (JDSU)

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To: Ibexx who wrote (7004)3/1/2000 3:26:00 PM
From: SJS  Read Replies (2) of 24042
 
Hey! Probably me. I didn't expect this EXPLOSIVE movement. But hey! I love being wrong!!! <VBG>.

In that time, we've seen a number of positive report (MSDW) and OFC pre-positioning. Not an excuse, but new very positive data helps keep this stock "young"!!

Cowan just mentioned JDSU and CIEN. Obviously piggybacking on MSDW's report. Funny thing, MSDW like CIEN and JDSU as top picks:
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15:03 ET Cowen Lifts Targets : SG Cowen raises its price target on Ciena (CIEN 172 3/8 +12 9/16) from $130 to $200; firm lifts target on JDS Uniphase (JDSU 277 +13 3/8) from a range of $250-$275 to $300; reiterates STRONG BUY rating on both stocks; cites comparables and momentum.
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