JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: pat mudge who wrote (8690)	4/12/2000 4:51:00 PM
From: sam	Read Replies (2) of 24042

JDSU is holding up better than most so far (as is SDLI for that matter). But I think two things are going on. One is the little guy on margin is being squeezed. The ending on the day's lows for most Nasdaq stocks will trigger margin selling tomorrow and Friday. Hopefully that'll dry up fast. But it may get a bit dicey first. Probably best to sleep in tomorrow. Second, the Street feels vindicated. All the "old" Phillips curve/flight to quality crowd feels that the world is right again. But that'll change fast enough as we all know. Oh -- which gap are u referring to...or is it the all-mighty "retest" that must happen because the experts on CNBC (;)) told is it was gonna happen.

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