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 : JDS Uniphase (JDSU)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andy Yamaguchi who wrote (16027)1/7/2001 5:51:54 PM
From: tahoeman  Read Replies (2) of 24042
 
So What!?! Many companies have forced plant shutdowns between xmas and New Year's. Do you need to have someone explain why? Geez! You are foolish if you believe there is a lot of downside risk at this point....

1. Fed has just begun to cut rates (don't fight the Fed)
2. JDSU short interest Dec 15th was 4th largest on NASDAQ
(look a little overdone? - just wait until the big boys
go to cover and do a lot better job that the little
shorts!)
3. MSDW Presentation on Tuesday with top JDSU execs present
(Hmmmmm, I wonder why the top execs will be present??? ;)
4. Earnings coming out on Jan 25th
(no advanced warning from company)
5. GLW Chief Exec announced best year ever
(GLW is one of the other Major players in this space -
ya think they are the only one's doing well?)
6. JDSU / SDLI merger will most likely be approved by the
Government before the end of Jan shareholder meeting.

I would say we have built a nice base and will move up from
here. Downside risk looks minimal to me compared to the upside potential. I'm long JDSU (for the long term)

All my opinion, of course!

--tahoe
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext