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Technology Stocks : UNPH _ Uniphase
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To: Sawtooth who wrote (1007)10/29/1998 10:35:00 AM
From: MARK BARGER  Read Replies (1) of 1261
 
IMO the market often overeacts to these earnings reports adn uses them as an excuse to take the stock price on a wild ride. Often times you can take advantage of these swings. I bought some UNPH at 48 3/8 this a.m. to take advantage of this. Unfortunately I didn't sell it when it blew past 49 and am still holding it, but I look to make a point or so on it. Long term I have no idea about UNPH. I'm strictly using a trading strategy today.

Mark
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