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Strategies & Market Trends : Steve's Channelling Thread
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To: Steve Lee who wrote (3056)7/10/2000 9:55:34 AM
From: Zeev Hed  Read Replies (2) of 30051
 
Well, I got my head handed to me, I took a big beating on JDSU, just sold at $98 (Bought few weeks back at $124, $109 was my SL, but it opened around $100). The acquisition of SDL may put in a period of uncertainty like the ANCR acquisition by QLGC. I think that JDSU could drop to the $80 or lower.

As for SNDK, I am riding SSTI since $77-3/4 and would get in SNDK if they give me a bargain again in the mid $50' or so, or on a break out.

Zeev
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