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

To: t2 who wrote (2826)	12/10/1999 5:18:00 PM
From: SJS	Read Replies (1) \| Respond to of 24042

T2, What I sense here is that a number of people are little late to the JDSU runup party. Many have sort of "piled" into the stock upon hearing that SOROS's in, the future optical "buzz", etc., Now some expect this baby to continue to really sprint again for them like it did for some of us "early adopters". You remember that sprint?...... When it whent from 60 in April 99 to 110 in September 99, and then again from 110 in September 99 to 270 in November 99? This stock is taking a well deserved rest, and I am happy it is churing now. The entire optical industry is getting it's head into marketing the vision of optical communications, and JDSU is recognized as the leader by most, if not all. GLW is buying companies, ETEK and SDLI have had huge runs, and everyone is giddy with profits. All the new folks will get their turn, but you'll we have to be patient, and pay your dues (by waiting). Competition is increasing, and you've got to have confidence that JDSU's management is making the right company decisions. The stock price will take care of itself if they make decision on finding out how to continue to be king, and thinking about becoming a gorilla. Sometimes you get a 30 point move in a day and that's fun, but I'm glad we're shedding weaker hands so that this stock can move up strongly again. Many people have already made a bunch, but if you believe, you'll make a bunch more. Just give it some time!! I'd mention to some folks to have a longer term horizon than 1 day or a week. If your trading it, you're already accustomed as a trader to taking some lumps and some gains too, but I'd suggest you find some good stock to hold LT. I believe for me, this is one of them. Steve PS: Whatever you do....have fun!!