SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dennis J Baltz who wrote (3303)10/25/2000 10:02:19 PM
From: djia101362  Read Replies (6) of 3951
 
Dennis, I don't agree with that. I think JDSU can do a lot to stop today's carnage from getting any worse.

The Street's presumption is that JDSU will confirm their notion that optical is indeed slowing down. We need JDSU to come out w/ the same kind of attitude and intensity that AMCC's CEO did today on CNBC.

JDSU needs to emphatically state that optical is not slowing down and that any problems over at NT and LU are NT/LU-only problems and are not indicative of the entire industry.

I really think they need to be firm w/ their guidance and cannot be wishy washy. If they are indeed firing on all cylinders like I and many others are hoping/expecting, they need to tell these analysts that are spinning the "optical slowdown web" that they haven't got a clue and need to do better homework.

Analysts need to be held more accountable for what they say. I'd prefer that most analysts keep their mouths shut and not say anything at all, CNBC included.

If this does turn out to be a NT-only issue, someone needs to be held accountable. Billions of dollars were lost in the financial markets today and investors that owned stocks in anything remotely tied to F/O lost fortunes. I'd venture to say that some investors where literally taken out of the market today.

If you were fully margined on JDSU of SDLI at yesterday's close and did not act quickly at the open, you would be down 50% at today's close and in most cases your account would have been fully or partially liquidated by your brokerage firm.

With short interest on the Naz at record levels, the foundation for an explosive rally is in place if we can avoid hitting anymore NT landmines.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext