Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: t2 who wrote (3486)	12/29/1999 4:40:00 PM
From: Bill Holtzman	Read Replies (1) \| Respond to of 24042

T2, I think QCOM may have people looking around for the next QCOM. And lo and behold...it could be us. I love what QCOM is doing to the mass psychology: People are finally learning that a stock can be at 10 or 500 - it doesn't matter, it can still move the same percentage. It's amazing how people generally refuse to believe this. They just don't get that the market cap is the only real wall you have to climb. How many people do you think would tell you they'd never buy a stock over $150/sh? I know a lot personally and am amazed. I tell them what MSFT would be at if it never split and that I'd still buy it! It's time these folks got an education about stocks! The S&P inclusion and earnings seem like the likely drivers soon. Looking forward to both. Your fellow call buyer, Bill PS Too bad about you not buying Q calls yesterday. Nothing like a one day strike! But god are they expensive.

To: t2 who wrote (3486)	12/29/1999 4:54:00 PM
From: Bruce Brown	Read Replies (3) \| Respond to of 24042

What if we get a QCOM type of upgrade on JDSU (or increase in price target)? I bet the stock will rocket. As pointed out earlier by Downsouth (i think), a lot of the Q investors have JDSU as their second largest holdings. If a major brokerage comes out with a big price target, this stock will go to the moon. Pretty much happened yesterday when Gruntal set a price target of $590 for JDSU - which was about double the price from when the price target was upped. Since Qualcomm was at $500 when the Paine Webber analyst announced his $1000 target which was double from the current price at 'announcement' time - the two are the same call. Neither price target really went out on a limb. Both were done a day before the stocks were splitting after the markets. Both were done at the end of the year when all the funds are buying the 'hot' stocks to show in their annual reports to shareholders. Both were done during portfolio rebalancing season after tax loss selling was about completed. Both were done in the Christmas Rally time frame. Now 'out on a limb' calls in my opinion. However, Qualcomm's share price seemed to react a little more postively (just went by at $698 on the after market ticker). That's up $196 for a 12 month price target increase of $500. Hmmmmmmm.....40% of the way to that price target in one day. Maybe he should have gone out on a limb and said $2000 to keep in the spirit of Y2K.... BB