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

To: t2 who wrote (3831)	1/5/2000 1:55:00 PM
From: Lane3	Respond to of 24042

Re the S&P, FWIW, some thoughts from Cramer on the down side. thestreet.com >>However, most of the stocks individuals buy themselves are over-the-counter tech stocks, many of which are too new or too "unseasoned" to trade in sync with bonds. First, many are not part of any index. Don't forget Yahoo! (YHOO:Nasdaq - news) just got added. That meant these stocks don't trade with the same established patterns that older stocks groove to. (Yahoo! was whipsawed huge by an S&P sell program in the last half-hour yesterday, by the way.) When bonds go down (rates go up) they haven't impacted these newer stocks the way the older stocks get impacted. (It is precisely because of this linkage that the S&P 500 vastly underperformed the unhinged NDX last year.) Instead, what has controlled these stocks' movements is a rare combination of individual enthusiasm, some mutual fund embracing and some excellent fundamentals. << Karen