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Technology Stocks : JDS Uniphase (JDSU)
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To: Tunica Albuginea who wrote (15807)1/4/2001 11:13:47 AM
From: t2  Read Replies (1) of 24042
 
TA, I think the shorts are being tested in stocks like JNPR, PMCS, AMCC. So far they appear to be sticking to their guns. However, another 50 to 100 point gain on the Nasdaq and we shall see some panic. That will be when we start seeing the big moves. Like I stated earlier, short interest in high PE stocks is just too high for them not to rally.

Stay tuned.
Lots of buying on the way in the high growth, high PE stocks and of course they are not warnings of any slowdown. That is a good mix right about now, IMHO.
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