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Technology Stocks : JDS Uniphase (JDSU)

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To: Sam2482 who wrote (20975)7/28/2001 5:56:34 PM
From: lifeisgood  Read Replies (1) of 24042
 
It looks like we have a solid floor in the $8.00 area. If I was short I would be covering in a hurry. Not much downside left from here.

The $8 floor can be attributed to shorts covering. When the weak shorts are finished covering, JDSU will continue to sink as there are many sellers dying to get out of this stock. I will begin buying in the $4-$5 range.

best...

LIG
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