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Technology Stocks : JDS Uniphase (JDSU)
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To: John K_k who wrote (15089)12/21/2000 9:15:08 AM
From: t2  Read Replies (2) of 24042
 
Look at JDSU and GE: Both About $46-$47 Both have expected annualized profits in the $1.50 range 18 months from now.

JDSU PEG of 0.65
GE PEG of 2.5

John, Wow! That is unbelievable.

Which would choose to short tomorrow? Which is the place to put your money?

Two more difficult days to go through. Look for a rebound the last couple of hours Friday. Shorts will be covering before the week-end. Margin related selling should largely be over.

The answer seems too obvious---GE looks like a better short given that it can't escape an economic slowdown.

Also agree the short sellers will want to cover and/or go long. Tax loss season is supposed to end by Dec 23 according to a study (Pissani--CNBC).
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