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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Bill Holtzman who wrote (29779)	9/20/1999 7:52:00 PM
From: t2	Respond to of 74651

OT Bill, It is just a matter of momentum in a stock. I compare JDSU to QCOM. Q had some negative story on earnings----ie will meet or exceed but not as much as usual. Still Q has bounced back. Both companies are considered the same type of stocks. JDSU is all positive to the best of my knowledge. It may be a stock that some may want to substitute a stock like Q for simply due to this lack of bad news and just ride the momentum like the internet stocks used to. As for understanding their business or earnings etc---i don't know much. Just looking at it as momentum. Also my understanding is that they have a very dominant position in their industry. I might still take profits on it(the shares i bought Friday) and just hold on to my core amount. Bill, As far as i am concerned MSFT is my only real core holding. The others are just momentum OR defensive plays depending upon the stock. BTW--This stock gets a lot of mention on Street.com (Cramer) as it forms part of the red hots index.