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

To: Guy Gordon who wrote (2930)	12/14/1999 3:50:00 PM
From: Dennis J Baltz	Read Replies (1) \| Respond to of 24042

I agree this is short term profit taking but the Nasdaq down 75 points odesn't help either. I'm just looking for an entry point.

To: Guy Gordon who wrote (2930)	12/14/1999 4:48:00 PM
From: jmanvegas	Read Replies (3) \| Respond to of 24042

Forgetting about percentage moves for the moment, JDSU hasn't had a drop of over 50 points from any previous top until now as far as I'm aware of. So from a point move and based upon strong volume and nice block trading, I consider today's action to be throwing in the towel for some funds and individuals for whatever reason. Obviously, triple witch is in the background. We may see more pressure which would create wonderful buying opportunities with support all the way down to $200. But with ORCL posting excellent numbers and being up 5 after hours, today could have presented one helluva opportunity. We'll see. jmanvegas

To: Guy Gordon who wrote (2930)	12/14/1999 5:42:00 PM
From: Venkie	Respond to of 24042

<<<<This simply isn't that big a deal>>>>>>>>> The bonds didn't like the cpi and the feds may change bias next meeting...that will create a nice buying opp if not already started..i don't mind getting my feet wet in a good company like jdsu but never hurts to keep some dry powder...26 day mv avg is useless tool if the techs start a correction...yr 2000 may be a good yr but these old techs are bloated and need a breather..when the selling starts are continues after today......watch the weak hands shake....i use the term....shakem baby...anyway...i want some of this company to hold a while...i traded it a couple of times but i want to make it a keeper..