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Gold/Mining/Energy : JDS Fitel

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To: Aloysius Lo who wrote (436)	12/2/1998 7:30:00 PM
From: Aloysius Lo	Read Replies (2) of 815

Ok, so I guess nobody cares about JDS options...figures...thin trader, and open interest is nil. And for those PE fanatics, this stock will always seem expensive, why dwell on trailing #'s ? high tech is only concerned with forward looking PE's.. Mkt cap of roughly 2.5 billion? Company is finally getting large enough for more institutions to participate....Volume is now respectable and barring some major external mkt downdraft, I'll go out on a limb and trade +ve bias until intraday spreads tighten....The relentless rise has undoubtedly left a few trading desks with short positions that still need to be closed.... Have fun guys.... AL "Must find some Dec puts...."

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