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

To: Master (Hijacked) who wrote (3705)	1/4/2000 7:20:00 AM
From: Lee	Read Replies (3) \| Respond to of 24042

Master,..Re:.I had lived a disastrous experience with DELL last February when a stock split was used to cushion their lower than expected results Exactly my concerns when I expressed reservation about an additional split. Not only because of the dilutive effect but also because of the larger float. Once Dell split the last time, it moved sideways the rest of the year, and although some of the price movement could be attributed to changes in investor preferences, it became more and more difficult to get explosive moves underway on good news because of the float. If we look at the likes of MSFT and others with a float over 3 billion shares, we can notice that gains are now hard won even on good news and no change in company fundamentals. Alternatively, if we notice some of the smaller new tech companies with floats as small as 20 million, they manage to display eye popping gains on any good news. <g> From all I've read though, JDSU has the potential to continue explosive growth for several years to come, and if the recognition of this technology is widespread enough, maybe the float won't hinder price appreciation. <g> Cheers, Lee

To: Master (Hijacked) who wrote (3705)	1/4/2000 8:28:00 AM
From: Jill	Read Replies (3) \| Respond to of 24042

Hi Master...the Dell situation was different because they'd already stumbled--they'd met instead of beat estimates for the first time ever, which signalled that their period of skyrocketing growth was at an end. The street had punished them already, in part because Michael Dell had given no warning, and I think they felt betrayed. I think the "save the stock" split was on the second time they met instead of beat earnings. Here you've got a company with huge potential, rapid growth, etc. I would think they're trying to keep up with other companies splitting 3-1 or 4-1--and t2s analysis sounds correct to me. If you're in the 160s a 4-1 doesn't make sense Jill