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

To: Serge Ladouceur who wrote (2472)	12/1/1999 10:22:00 PM
From: Jill	Read Replies (1) \| Respond to of 24042

Hi, not sure if this was posted today as I haven't had time to read all the threads today, but for support on JDSU from Options Investor, this came through this a.m. probably written last night: Today's loss takes us all the ay back to the bottom line of the long-term channel where we find support at 220. Thank goodness, finally, some sellers emerged and on huge voluem too. There may be a bit more to be shaken out of the price but support is really good at 220...If you've been looking to get into this trade in anticipation of their 2:1 split on Dec 30 it's time to get active. You can target shoot int he 215 to 225 range. From the news, take note that Phillips Electronics filed to sell 150K shares of JDSU. In the grand scheme of things, it's nothing... I'd have to agree support is around 220. But who knows!!!! Jill