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


To: Eski who wrote (6365)2/16/2000 6:03:00 PM
From: John Waddell, Ph.D  Read Replies (1) | Respond to of 24042
 
What happened today?

Eski, you think it's a classic short squeeze once JDSU broke out of 204, but my charts indicate a sudden huge upsurge in volume at 12:45 after JDS had been floating around 203. Some news must have come out, but I can't find anything specific. I realize the TA guys will say that the pennant formation indicated a giant surge was due (and I don't disagree), but what triggered it? Any thoughts or knowledge, anyone? (Neither SDLI nor GLW ramped, so it wasn't industry or market related.) Thanks.

John Waddell