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Technology Stocks : JDS Uniphase (JDSU)

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To: pat mudge who wrote (16457)	1/11/2001 1:32:59 PM
From: sam	Read Replies (2) of 24042

"Shorts are like the guy who wakes up after a storm and seeing his backyard flooded, calls the newspaper to say the world's coming to an end." IMO, shorts are guys trying desperately to hasten the coming end of the world -- preaching doom and selling poison pills to the frightened masses. And, if the world actually DID come to end, they would be the people saying "told you so." Lot of good that would do them then. OFF TOPIC (as this is a comment about capex and carriers, and therefore somewhat related to JDSU). Notice how carriers are now being bought up...and how they are now even able to secure loans unavailable to them just three weeks ago? Where was that in Sagawa's 'analyses'... He totally missed the effects of significant rate cuts in that report gobbled up by the likes of Jim Cramer. Also, notice how the NASDAQ's trading patterns have changed since the FED lowered rates? Downdrafts are sharper and less "grindy." Volume is increasing. I still believe we may go significantly lower at least once more...bad earnings news will continue to chip away at large rallies...and hedge funds are still shorting as if the apocalypse was just around the corner...but the bear is dead (at least for now).

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