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Technology Stocks : JDS Uniphase (JDSU)

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To: sam who wrote (12805)9/29/2000 9:41:10 AM
From: pat mudge  Read Replies (3) of 24042
 
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Based on this, Sagawa took some flak on his report. Since he's been a huge LU fan, it's not surprising he's being a bit hard on CSCO and NT, two he hoped would get skinned by his favorite. Also, since many of his sources are from LU, his information re: fiber optics may be a bit skewed.

Wonder why he waited so long to downgrade. Seems to me you'd do it when a stock has hit a new high, not after a considerable pull-back. I wonder, too, how he explains all the expansions being done by NT, GLW, SDLI, JDSU and others.

It's raining cats and dogs here in Grasse --- a good excuse to catch up on the market.

Pat
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