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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (10172)	12/1/1999 10:46:00 AM
From: Trebor	Respond to of 15132

Re: JDS Uniphase - apparently the CEO was on CNBC Tues. AM: Yes, and with the stock taking a 15% haircut, he should have stayed in bed! I didn't see the interview but the reports I've read were favorable and the stock dip is being attributed to a large block sale by Phillips Electronics. Personally, I view it as what Mr. Brinker would refer to as an overdue health restoring correction. I took the opportunity (if that's what it turns out to be) to sell Jan $220 naked puts when the stock was at $228. At the moment it's $236 so I'm feeling a little smug...at the moment.