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

To: t2 who wrote (1890)	11/9/1999 6:38:00 PM
From: Murrey Walker	Respond to of 24042

thanks...t2

To: t2 who wrote (1890)	11/9/1999 11:41:00 PM
From: Guy Gordon	Respond to of 24042

Oh, I think we'll break 180. Look at the history of the stock. From the Jan 13 to Jan 29 JDSU rose 58%. It then lost 20% the next week. From March to April it rose 40%. Then dropped 21% in one day. If JDSU drops 20% from the high of 204, it will hit 163. That would not be an unreasonable price for JDSU to end this week. That's not a prediction. I'm just saying it wouldn't surprise me. Take a look at the options premiums. Why do you think they are priced that high? I swear -- I'm not trying to be a downer here. I own a lot of JDSU, and will be very happy if it does not drop. I'm just trying to be realistic. Volatile stocks sell off after runs like this. Especially if the market is going down, as I expect the Nasdaq to do.