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Technology Stocks : JDS Uniphase (JDSU)
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To: t2 who wrote (17260)1/26/2001 11:41:17 AM
From: pat mudge  Read Replies (1) of 24042
 
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.

I agree and suspect we'll see serious buyers step up once the Fed makes an official decision on rates.

Pat
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