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

To: Kayaker who wrote (4474)	1/14/2000 5:26:00 PM
From: t2	Respond to of 24042

Kayaker, I remember the Dell earnings reports--over a 1 1/2 years ago when that stock was on a roll. I used to get out of MSFT and right into Dell. It would hold up in the following month even when the market was selling off. As we got closer to earnings it would move up in a huge way. Right now, JDSU is what Dell used to be (a high flier). The moves upward in this stock should be big and should not need more than 3 to 5 days. Even 20 or 30 points are not out of the question on a company like this. I would expect short interest to drop quite a bit ahead of earnings and at the same time investor profit taking to also drop off. Add additional momentum buying to this factors and we have a very big pop in the stock price. Right now, this company has been hyped in a big way (and it should be). That sets up for huge gains ahead of the earnings. Investors will look back to last quarter when the stock kept going upward even after the earnings report. I am pretty confident of getting a bullish forward looking statement as well. When you combine all these factors....lookout!!