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


To: t2 who wrote (6188)2/11/2000 11:52:00 AM
From: Nichols  Read Replies (1) | Respond to of 24042
 
The thinking that JDSU is DUE or BOUND TO GO UP relies on false hopes. JDSU is up over 15% YTD. Not too shabby. Consolidation is good/healthy. Happens to all great stocks, without fail. In past year, has happened to JDSU several times.(although I'll admit it is a bit frustrating seeing NAZ go up and JDSU goes down. oh well) We could very well stay in this trading range of 190-220 for another month. News will trigger next huge up leg-Split/S&P/ETEK. When that happens, it will reach new highs. All in due time. Wish I had spare cash to buy on this dip.