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


To: pat mudge who wrote (3363)12/27/1999 2:34:00 PM
From: Glenn McDougall  Respond to of 24042
 
The Year Isn't Over Quite Yet
By James J. Cramer

12/27/99 10:43 AM ET

Making us work, huh? Just when we had decided
that the year was over? No matter that it is thin, it
still "feels" terrible and we are using wide scales to
rebuild some positions that had become minuscule
in the run-up.

We have tried to come up with some themes to the selling: Old net vs. new net.
Net e-commerce turned out to be a joke. Revenge of bricks-and-mortar over
sloppily executed net plays. Janus takes a holiday.

But it is way too random for that. JDS Uniphase
(JDSU:Nasdaq - news) rallies because it splits.
Broadcom (BRCM:Nasdaq - news) rallies because it
might split. Commerce One (CMRC:Nasdaq - news)
comes down because it already split? Seems kind of
mindless and stupid.

The only thing substantive is that this eToys (ETYS:Nasdaq - news) looks like it
blew it. But why that should make me sell my Yahoo! (YHOO:Nasdaq - news)
beats the heck out of me. So we aren't. We are buying.



To: pat mudge who wrote (3363)12/27/1999 3:20:00 PM
From: t2  Respond to of 24042
 
Pat, The stock split was announced when the stock was at 110 to 115. Actually, the stock split was unofficially known about a week earlier than that based upon an Ottawa Citizen story that was on newsalert.com and posted on this thread by someone.

You should have seen the way SDLI started moving---it was a late start but it also took off.

good luck.