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

To: t2 who wrote (5851)2/1/2000 12:45:00 PM
From: Master (Hijacked)  Read Replies (5) | Respond to of 24042
 
I held shares of NT. Since mid-December till earnings last week, the stock would reach a certain level ($145 Cdn) and then a wall was placed as if to prevent the stock from exceeding that level. This was done consistently and despite Nasdaq's tick. The earnings brought us the BCE spin-off news.

I am now wondering if some imminent news isn't keeping JDSU down. Could the S&P announcement be close? Are they giving fund managers time to get in?

Vince



To: t2 who wrote (5851)2/1/2000 1:17:00 PM
From: fishweed  Respond to of 24042
 
If they can't keep it down by strongarming they resort to rehashing old news, news out of context, etc. They even downgraded it once at around $100 presplit on the pretext it was too expensive. The Houses and the Fundy's want this stock bad, they'll resort to any means necessary to get it. Smacks of manipulation IMHO

fishweed


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