JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: SJS who wrote (8856)	4/15/2000 6:59:00 AM
From: David Spruiell	Read Replies (1) of 24042

P/E is useless in dealing with JDSU, it is a surrealistic, emotional, momentum trading stock, so this thread is the best indicator of the future price to me. So lets cut to the meat, what price will the selling stop? I thought that $80 was a good place Friday and went long into the fear at $81. It looked like a trading range between $81 and $85. Buy the fear(e), Right now I am wrong. Monday? Logic tells me that momentum is pushing lower. But there is lots of cash waiting for the bottom. Now that I am long, I feel the fear that JDSU could go to $60. Will exit $78. David

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