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Technology Stocks : JDS Uniphase (JDSU)

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To: pat mudge who wrote (16633)1/17/2001 2:11:03 PM
From: t2  Read Replies (1) of 24042
 
Pat, I don't use TA at all. My feeling is that JDSU will break past 55 easily, today or tomorrow. The JNPR and more importantly AMCC is too significant to ignore (sorry for being repetitive on this point). I believe JDSU will also have a rally on the NT sale and supply agreement that is expected.
JDSU now at a much better PE and that it is a deal. Great fundamentals and that is what counts.

Just noticed that Dan Niles trying to push the semiconductors down. He downgrades when the stocks were even lower and now wants the stock to reflect his thesis...and the stocks are not co-operating. <ggg>
Any stock that he downgrades, have been going up lately. Analysts have been absolutely useless this past year.
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