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


To: Jazz102 who wrote (1460)10/27/1999 2:26:00 PM
From: t2  Read Replies (1) | Respond to of 24042
 
Every time you think you find a pattern - it breaks.

Those stocks you mentioned tanked. I think it does depend upon what sub-sector each of those is in. SDLI and JDSU are competitors and SDLI is up after earnings. It also had a run up. EMLX had a huge run after earnings---i believe it was around 110 around earnings.

I don't think it is a matter of finding a pattern. JDSU is a very big player. You could call it a blue chip and investors generally like to build positions around the blue chips.

I am expecting thems to beat estimates by about 2 to 4 cents. It is going to be their forward looking statements that will move the stock, IMHO. I expect very upbeat comments from the CEO.



To: Jazz102 who wrote (1460)10/27/1999 2:29:00 PM
From: SJS  Respond to of 24042
 
JAZZ,

They're (whoever "they" are....) NOT going to let you figure it out. These guys are NOT going to let you buy cheap stock, and you're NOT going to know when to sell them your expensive stock.

When I don't know where the stock is going, but I believe in the LT fundamentals, I look at the chart to help for the ST.

So what does the chart say? In case you've been sleeping for the last 5 days (from 10/20/99)......it's BEEN STRAIGHT UP!

Might we not think that we're just a wee bit ahead of ourselves here? 5 straight up days, very much anticipating the spectacular earnings? How much more overbought are we going to have before we let it take a breath.

In other words, most of the great earnings and some of the positive guidance are obviously priced in. Is this stock going to 160? Sure, but I don't think we'd like it to get too far ahead of itself in the ST and then crash.

JDSU has had an interesting chart in that instead of the stock price going DOWN to meet the averages, the stock holds in a range and the averages come UP to meet the price. However, we're much higher than the 50 day MA than ever before.

Everyone rushing to get into this stock is going to make it ripe for a major correction. I wouuld not like to see that, so I am an advocate for measured, steady upward growth. I don't think people will be dissapointed with the earnings or guidance, but as you've mentioned, this has been ONE CRAZY EARNINGS SEASON.

Steve



To: Jazz102 who wrote (1460)10/27/1999 7:12:00 PM
From: BI*RI  Read Replies (3) | Respond to of 24042
 
"This trading business can be disconcerting at times."

And you can find the reason for this in the same post:

"Every time you think you find a pattern - it breaks."

Regards,
A Long Termer



To: Jazz102 who wrote (1460)10/28/1999 2:50:00 PM
From: Brian Sullivan  Read Replies (2) | Respond to of 24042
 
Seems like now might be the time to jump into HLIT
They are now down to below 50 on the news of the CUBE acquisition. Seems like a good acquisition to me.
I think that HLIT can be back a 75 before the end of this year. I got in at 49 1/8