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

To: Dr. David Gleitman who wrote (4393)	1/13/2000 7:42:00 AM
From: John Carragher	Read Replies (1) \| Respond to of 24042

wsj heard on the net JDS Uniphase and S&P Deny Rumor Rumors have trickled onto several online message boards that JDS Uniphase, a San Jose, Calif., fiber optics company, is poised to join the venerable Standard & Poors 500-stock index. But officials from JDS Uniphase and Standard & Poors, which chooses the companies that are included in its broadly followed stock-market barometer, are throwing cold water on such speculation. David Blitzer, chairman of S&P's Index Committee, says the organization has said nothing about adding JDS Uniphase. "As a policy we don't comment on additions or deletions or anything of that nature," he says. "We have absolutely no knowledge of it at all, literally none, we've had no contact with S&P," adds Kevin Kalkhoven, co-chairman and chief executive officer of JDS Uniphase. On Yahoo! Finance (finance.yahoo.com), one post titled "JDSU to be added to S&P 500," attributed the rumor to Stockwinners.com (www.stockwinners.com), a Web site devoted to Wall Street gossip. Seyed Mohammadi, editor of Stockwinner.com. says his site ran the item about JDS Uniphase on Wednesday. "We have heard rumors that JDS is a logical choice to (enter) the S&P," he says, declining to divulge the source. The addition of a company's stock to an index is usually bullish news for investors. These shares tend to rise as managers of mutual funds that try to mirror the performance of the index add them to their portfolios. Nevertheless, on Wednesday, shares of JDS Uniphase didn't seem to benefit from the rumors. The stock closed down 10 to 180 11/16 on the Nasdaq Stock Market. But some investors were unfazed. "I am ... sticking to my belief that it will happen very soon considering the market cap and being the dominant player in the sector. Now at annualized 1 billion in revenue as well," a poster wrote on Silicon Investor (www.siliconinvestor.com)

To: Dr. David Gleitman who wrote (4393)	1/13/2000 8:41:00 AM
From: t2	Read Replies (2) \| Respond to of 24042

Dr David, I don't see why they are making a big deal of the retail sales (1.4%). Why don't these people realize that this sales number is affected by the need to do millenium Christmas shopping. People probably wanted to do more spending on gifts than they normally would in a non eventful year. I don't understand why the talking heads on CNBC don't comment that it is a one time occurence.

To: Dr. David Gleitman who wrote (4393)	1/13/2000 8:56:00 AM
From: Tunica Albuginea	Respond to of 24042

David I think you are right.Everything will move forward. I think there is a sense that the party will end this year because of higher rates. Big Institutions of course don't want this to happen much before April 15 so as not to scare people from putting their moneys into retirement funds in the market. So they moved things up before we hit the puking dish, TA Message #4393 from Dr. David Gleitman at Jan 13 2000 1:50AM Re: Prior to January, i thought we would go straight up until Jan 15 or so. I guess the market discounted that action and drove stocks higher in late December only to move up the anticipated February slide to these last 2 weeks. Incredible discounting mechanism!!! It seems that the calander was shifted back a bit. We are now experiencing the February cool down in January. But then again, October's correction occured in September. David