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Technology Stocks : JDS Uniphase (JDSU)

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To: Boplicity who wrote (14079)	11/8/2000 2:35:47 PM
From: sam	Read Replies (2) of 24042

I truly believe that the Nasdaq is being primed for a hard -- albeit short lived -- rally...once the election is fully 'resolved.' I know, I know, it really is already resolved. But there's a lot of people with a lot of money who see an opportunity to pressure a profit for themselves on the short side. So down we go. The lower, the better. The excuse -- uncertainty -- is patently ridiculous as nothing much will change regardless of the man ultimately chosen as President. It can't -- by virtue of the new makeup of Congress. Add to that 'gridlock,' low inflation...questionable economic slowdown...possible lowering of interest rates...possible tax cuts. All adds up to a coming rally. JMHO -- and fwiw, I have bought a number of battered stocks for my long term portfolio today. So I hope I'm right. ;)

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