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Technology Stocks : JDS Uniphase (JDSU)

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To: djia101362 who wrote (11472)7/19/2000 6:42:29 PM
From: Warren Gates  Read Replies (1) of 24042
 
TO ALL:
Interesting article :
rd.yahoo.com*http://www.thestreet.com/_yahoo/comment/openbook/997613.html

Looks like fund managers have to buy more than 70 million JDSU on the day when JDSU is to announce earnings. Shorts have to cover because SDLI will not be there to protect them. Funds will buy JDSU not SDLI.

And when momentum players get on board, plus the options expiration covering for naked call writers.

Should be $150 by Friday
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