JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: SJS who wrote (7314)	3/8/2000 5:00:00 PM
From: N. David Lessani	Read Replies (1) of 24042

Majority of Merrill Lynch comments, upgrades and downgrades on stocks are at best suspect. Please read the book" WALL STREET GANG" . They do this either for their own account or large institutional clients. Remember, Jeffrey Vinik in 1996, when MU reached $96.00 per share he was unloading the stock and AT THE SAME TIME in the press praising the stock as a good buy.!! (MU closed $11.00 per share two months later)IMHO, ML attempted to bring JDSU price down in order to buy it cheaper at later day.I notice Maria acting like their spokesperson on CNBC in the morning.

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