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


To: Jean M. Gauthier who wrote (1208)10/6/1999 4:57:00 PM
From: t2  Respond to of 24042
 
Jean, You might want to consider March calls in the USA or February calls in Toronto. The company reports earnings in a couple of weeks. Read some of my comments on this thread a few days ago about the statements made by the CEO of the company. His words provide the answer to the current run-up. Still they are looking to getting bigger.
Remember the stock splits in December so there is the possibility of a good support under the current price.

Today I noticed a couple of market makers selling a lot of JDSU around the 134 to 135 range. Once their selling subsides, i am betting on a quick takeoff to 140 (maybe even tomorrow).
I guess it is best to buy over several days but i am expecting a continueing runup to the actual earnings date.

Jean, I would also consider long term options on AOL or YHOO. (It looks too late for Yahoo plays).

YOu are putting in bids hoping for a pullback. The stock is just too strong to drop in any significant manner. I don't know about tomorrow for sure but IMHO, it looks strong.

Good Luck.