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Technology Stocks : JDS Uniphase (JDSU)

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To: Gerald Walls who wrote (13242)	10/24/2000 8:28:55 PM
From: djia101362	Read Replies (1) of 24042

Gerald, IMO you got a steal. I'm guessing SDLI closes above 300 tomorrow and JDSU gets back to 90. This is complete BS and Wall St is trying to write their story book ending to this bear market with that capitulation stage so many keep looking for. The Naz futures being down 82 right off the bat is just a scare tactic and I wouldn't be surprised to see the futures down much less by the time the market opens. I think Roth at NT just got too bullish for his own good. NT is a gigantic company and by the "law of large numbers", it's difficult to keep up the incredible growth they were experiencing. It's much easier for a company like JDSU w/ revenues of 3B to grow revs by 50% then it is for a company like NT to with revs of 30B. NT numbers were good, no doubt about it. I'm sure NT gets back to 60 by Y/E, possibly much sooner than that. Y/E targets: NT = 65 JDSU = 130 SDLI = JDSU x 3.8 (500) Call me crazy but this is a crazy market w/ a short memory and once these stocks start moving, people will have forgotten what happened today.

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