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Technology Stocks : JDS Uniphase (JDSU)
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To: Tunica Albuginea who wrote (17960)2/7/2001 11:23:06 AM
From: t2  Read Replies (4) of 24042
 
TA, What i find interesting in this morning's trading is that while Cisco slowly deteriorates (relatively), the Nasdaq itself is not really getting any worse.

Funds may be using the general weakness to sell Cisco and pick up other stocks which are also weak this morning.

General weakness provides the opportunity to make these changes in portfolios. Some of that Cisco money may be going into JNPR or JDSU types.
Sooner or later, the market realizes that Cisco is not a true indicator for others in tech and start buying them up...while Cisco remains dead money.
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