JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: luther yow who wrote (18391)	2/13/2001 10:38:16 AM
From: t2	Read Replies (1) of 24042

luther, the short covering has not started yet..I agree with you. I bet the short interest actually went up in FEB in the higher PE stocks like JNPR, JDSU, CIEN etc... IMHO, that we are on the verge of a massive rally that we have not seen for a long time. It could be AMAT that changes the rally to massive or it could be Dell (and CIEN for the optical stocks). If these companies stay negative, I would bet the market goes up anyways. Many companies like Intel and Micron are saying they will continue capital spending and AMAT should be able to get a clearer outlook for their business. I had added a lot of techs yesterday and I am continue today...a balance of lower PE and higher PE.

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