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Technology Stocks : JDS Uniphase (JDSU)

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To: hamsandwich who wrote (19578)	3/20/2001 10:34:33 AM
From: Tunica Albuginea	Read Replies (1) of 24042

ham, market's " violent surge " may occur with 0.75 BP cut. Many believe it will be 50BP cut. The case for a 75 BP cuts may be " a stealth case ", below the radar: Mainly CA which is unraveling because of high energy prices and their inability to face reality.CA has their head buried in the liberal sands which is a treacherous quick sand pit, as in " the road to hell is strewn with good intentions ".Rumors of $3/gal for gas this summer... Alan has mused in the past that he is worried about the energy crisis in CA and the fact that it is 7% of US economy and the fact that it is affecting neighboring states by draining energy from there and raising their prices. The other element is the global weakening to which you add the stalling of the " US Engine that pulls the world economy ":you can argue that unless we get the engine moving again we may start backpedaling as into recession.Many recessions are recognized only retrospectively. So we'll see: 1/2% or 3/4% today....? TA@Disclaimer.com:http://www.siliconinvestor.com/readmsg.aspx?msgid=15442821 ================================== Message #19578 from hamsandwich at Mar 19, 2001 1:53 PM perhaps a sign of bottoming out? Short interest up 11.2% since last month and 1.5 days to cover the 62M shares short. That should provide a nice violent bounce up, if it comes. shortinterest.com

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