JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: t2 who wrote (19404)	3/13/2001 3:38:17 PM
From: larry	Read Replies (2) of 24042

t2, Agree with most of what you said. We are seeing a dead cat bounce today after first penetration of 2k. I don't know when the next leg down will materialize, but it should be within the next 4 weeks. After another round of penetration of 2k and setting new lows, we should be comfortably sitting at 1500 for the summer or early fall. Chambers basically warns today and I don't see reasons why it won't warn next quarter until it slashes forcast by 50% or more. The technical bounce won't last long. Unless Chambers show us the money which he won't be able to get for a long time, issues like CSCO, JDSU, and INTC will keep drifting down. Enjoy the technical rally, or short cover boosted transient rally. larry

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