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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Robert New who wrote (464)6/30/1999 3:09:00 PM
From: KY  Read Replies (1) | Respond to of 24042
 
Robert,

Stocks such as UNPH with relative strength through the roof usually don't stay down for too long. It's amazing how through all the interest rate hubub UNPH just flat out ignored everything and continued upward.

Buying opportunities are going to be few and far between for this one. This is usually the case with "emerging gorillas" -- they always seem too expensive and when they drop they are the first to rise from the ashes...as the CSCOs and MSFTs of the world have done for the last five years.

When they happen you have to jump or put your limit orders in before it actually happens. I plan on taking advantage of any short term 25-30% drops to add to this baby.

I really don't think the street gets this one.

Once they do, UNPH will be hyped on CNBC everyday like the other tech gorillas and fund managers other than Kevin Landis will be loading up (read Firsthand Technology Funds electronics perspective focused on photonics and then look at their one photonics holding -- UNPH).

Waiting for re-entry.

KY