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


To: jay silberman who wrote (3394)12/28/1999 12:59:00 AM
From: Glenn McDougall  Respond to of 24042
 
Jay,
I am sure that many can speak to this issue better than I.
Given the new paradyme in trading my thoughts go to the supply / demand ratio. Today we saw a huge run-up in the share price ~$48 and then with a very quick move it came back down to ~mid thirty's. The market makers are supposed to ensure an efficient market however with day trading and such going on one can only surmise that the MM have a over zealous interest in controling the market. This is even more true when dealing with fast moving stocks such as QCOM, JDSU, SDLI and ETEK.
Regards
Glenn