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Technology Stocks : JDS Uniphase (JDSU)

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To: Tecinvestor who wrote (7062)3/3/2000 4:08:00 PM
From: codawg  Read Replies (1) of 24042
 
Actually, I like the slight underperformance today (and yes, I'm long). Today's action is on fairly light volume which means the focus today is away from JDSU.

Monday we get the OFC and the formal announcement of 30 new products. We also start the week when the stock will split and this tends to create buying. I believe these events will create some urgency to own the stock starting on Monday. I'd rather hold back a bit today and move strongly Monday on volume well over 10MM shares. Bodes well for next week IMHO.

And who knows, maybe the S&P has been listening to t2 and we'll get another present next week.
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