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Technology Stocks : JDS Uniphase (JDSU)

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To: Winston Lee who wrote (11508)7/19/2000 11:30:53 PM
From: djia101362  Read Replies (1) of 24042
 
Winston, that is exactly what I have said from day one. The higher JDSU goes, the more risk to there is in holding SDLI.

Obviously those with very low tax basis have tax considerations when deciding to sell or hold but anyone trading this stock could wake up one morning and find SDLI down 100 pts or more.

I plan on unwinding my SDLI position tomorrow and switching back to JDSU. With JDSU down at $106, there was minimal risk in holding SDLI since you could possibly justify a SDLI stand alone price of $360. With JDSU at $125 and poised to go higher, I'm not willing to take on the additional risk of holding SDLI just for another 12%.
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