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Technology Stocks : JDS Uniphase (JDSU)
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To: pat mudge who wrote (8690)4/12/2000 4:10:00 PM
From: contrarian1437  Read Replies (1) of 24042
 
<<OT --

I think SSPI is a victim of margin calls by traders/momentum players. It has virtually no institutional holding and with most of the retail buying drying up, it will require new money to move it up.>>>

I would imagine as soon as this market massacre is over..Spectrum should rebound some, and than on to new highs... i hope!!!

<<<I don't worry about JDSU. It can move up as quickly as it moves down. A friend at a NY hedge fund said they have their fingers on the "buy" button, waiting for the gap to be filled. I doubt they're alone...>>>

I bought more JDSU at the close!!! I hope it makes me look like a genius in the near term!!!!! (Although short term my wife's gonna kill me!!!)

Good Luck
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