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Technology Stocks : SDLI - JDSU transition

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To: John Carragher who wrote (3234)7/7/2002 12:21:04 AM
From: ehasfjord  Read Replies (1) of 3294
 
It also doesn't hurt that JDSU's "book"
value per share is $2.49. From what I
see (based upon Friday) nearly every
tech. stock (ORCL, JDSU, etc...) opened
with a "window" and closed above the open.
As an example, check out RFMD (below)...

siliconinvestor.com

There may be a pullback to the window open -
but at least it provides new support.

BTW, I have seen JDSU (and others) pull the same
type of pattern in early March and early May.

I think that the strong showing of the DOW and
the COMPX was due to no terrorist attacks over
the 4th. Quite frankly, I'm still very leary!

However, JDSU's price is to low to go down much
further, and book value may be playing a large
part of the equation.

Take Care!
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