JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: SJS who wrote (8073)	3/29/2000 6:01:00 PM
From: limtex	Read Replies (5) of 24042

SJS - Technically, if we crack and stay below 4500.......we go to nearer to 4000. Well what could stop it at 4,000. I mean if it cracks 4,000 it will likely drop preciptously to near 3,000 or even 2,750. That level of drop may well encourage more selling and, ignoring the huge growth in the tech companies revenues and profits the index could even go to well...1,500 and then if it hits 1,500 it could even go to minus 500. But maybe it won't and earnings coming out next week with stellar performances all round could get things back on track. Best regards, L

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