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Technology Stocks : JDS Uniphase (JDSU)
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To: Boplicity who wrote (10508)5/25/2000 10:30:00 AM
From: Tunica Albuginea  Read Replies (2) of 24042
 
Greg: Re: " CSCO's outrageous PE ". That has been the case
since 1993 and 1000%+ appreciation since!!!

Market does not look at it that way.

Right now CNBC reporting that:

Last 45 minutes CSCO volume = 24 million shares

Last days' average vol = 64 mill shares

LARGE Buying blocks of 200000 shares coming in in rapid succession.

One Institution has THREE PERSONS doing the block buying
right now.

Naz is going up.
Dow is weakening.
Exacttly the same thing that happened Spring of 99 .

We may see some side movement next 8 weeks but I
believe we have started yesterday the summer rally.

I think for THE BIG CAPS their value at Naz 3000 is now support.

We may get a pull back middle 2 weeks of June for CPI and
options expiration but we are doing a great consolidation here.

Getting ready to break above 100 in next ?1 - 2 weeks?

Telecoms will not slow in a slowing economy. This IS the LIFEBLOOD of
The New Economy.

I think KK is replaceable. Very few of us are irreplaceable.

The reason otical went up during KK's tenure may have been
because the time of opticals had come. KK happened to
be at the right place at the right time. Certainly he had
foresight and that helps.

But don't discount other people's abilities. IBM did just as well
with L. Gerstner as before,

All IMHO

back much later

TA
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