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: Boplicity who wrote (5117)	1/25/2000 10:58:00 AM
From: pat mudge	Read Replies (1) \| Respond to of 24042

I think anyone buying now is gambling. On earnings or the market? Pat

To: Boplicity who wrote (5117)	1/25/2000 11:08:00 AM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 24042

Greg, I just decided to sell to protect my profits. Yesterday was a big fall in the Naz and Dow and I am not sure what caused it.However I don't want to get caught in a " 3 day pull down " to get the folks on margin out. Also I don't want to get caught in a " sell the news situatuion.Support appears good at 214.Next support is 192. I will watch the action today and decide.Lunch is yet to come. It has nothing to do with JDSU which has great, ? fantastic fundamentals.It is just the Naz; don't want to stand in front of a moving freight train. What are your thoughts? TA Message #5117 from Gregory Mullineaux at Jan 25 2000 10:56AM I think anyone buying now is gambling. g

To: Boplicity who wrote (5117)	1/25/2000 11:46:00 AM
From: Jeff Call	Read Replies (3) \| Respond to of 24042

I was thinking about your comment this morning that anyone buying now is gambling. I will assume you mean that anyone buying before earnings is gambling but I'd say KK already tipped his hand. If I was completing a $15 billion dollar merger and wanted to make sure it would be approved by the shareholders of both companies, I'd: 1). Wait until AFTER the company being acquired announces their earnings. (No TLAB/CIEN repeat). Make sure the company you are buying actually reports the type of growth you negotiated against. If I recall correctly, the ETEK merger announcement came a few days AFTER ETEK announced their earnings. 2.) Make sure your own earnings will come in as expected. The surest way to kill a deal is to have your currency (stock in this case) fall because you couldn't make your number. I'd also guess that JDSU knew enough about their earnings at the time of the ETEK announcement to be certain that their stock wouldn't take a substantial hit after the official announcement. So I also used yesterday's pullback to add some more shares of JDSU and I certainly don't think I took any sort of gamble.