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Gold/Mining/Energy : JDS Fitel

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To: Frank Ferrari who wrote (198)2/17/1998 4:22:00 PM
From: Sans Souci  Read Replies (2) of 815
 
Frank: I was just forced out of JDS, as my pain threshold has finally been exceeded. What a lousy, unsettling last few weeks. Well, at least the liquidity has improved somewhat, only problem is that it has turned into a liquidation.

JDS, the company, still looks great, but something seems to be wrong here with JDS, the stock. Sell orders keep popping up relentlessly, just as you'd think things will or "must" turn around. SOMEONE is unloading, and I wish I knew why. Maybe the new products they are showing in a couple of weeks aren't ready, or maybe they won't match up to the competitions's newest offerings? Maybe the recent Lucent announcement is having an effect? (sure does sound like an interesting breakthrough). Maybe a whole bunch of people sitting on fat JDS profits from the last year are simply deciding to cash in? ????? Who the hell knows.

*** To all those still long >>> stocks normally bounce back strongly immediately after I'm forced out, so perhaps tomorrow will bring better times.

I'll be checking in, and will post any key info I turn up.

Sincerely and best of luck,

-- Paul
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