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Technology Stocks : JDS Uniphase (JDSU)

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To: TigerPaw who wrote (7250)3/7/2000 11:31:00 PM
From: Guy Gordon   of 24042
 
Something strange happened today. I wonder if anyone here could shed some light on it.

I had thought that the sharp dip & rise in JDSU today was a reflection of the overall market. But it clearly was not. Take a look at an intraday chart of SDLI, and compare it to JDSU, and then GLW.

SDLI made a similar dip and recovery, but a 2pm. JDSU did it at 3:30. And then GLW did it at 3:45 and did not recover. Any ideas? Did any other stocks do this today?

white-crane.com
white-crane.com
white-crane.com

Personally, I hate conspiracy theories. But the only idea I can come up with is that someone was testing the strength of these stocks.
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