JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: pat mudge who wrote (17259)	1/26/2001 11:39:06 AM
From: t2	Read Replies (1) of 24042

Pat, If this market can absorb the PMCS news, it automatically means that bad news is being factored into Cisco's stock price. I would extend that to JDSU price action. If the market was to close now, JDSU would be poised to make substantial gains as so much bad news has been absorbed. To me the risk of owning JDSU is minimal at this stage as the companies that were going to blow up (GLW/PMCS) have resulted in declines in JDSU/SDLI. When the market rebounds, JDSU will get more of the money. JDSU/AMCC/BRCM/VTSS should have bigger bounces on the next up day in the market(could be later today). With interest rate cuts on the way to stimulate demand in carrier spending----the best way to go about this would be to buy the high growth stocks right now and that could explain why JDSU is reversing the downward trend. I am actually looking to buy PMCS in the near term as they painted such a negative picture, that it can't get any worse in a rate cutting environment.

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