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


To: t2 who wrote (6468)2/18/2000 5:30:00 PM
From: t2  Respond to of 24042
 
The stock held up better than one would have expected it to. Only declined in line with the market itself. The selloff we had today is good for JDSU going forward. I would not want it to go into next week with the markets at all time highs---Naz, Dow, S and P.
One would expect a bounce in the Dow after a good correction led by stocks such as Intel, MSFT, HP etc. That could spillover the Naz/S and P.
I like the idea of JDSU going to product introductions and the split in the week of March 6 to 10. A flat to up market would be great for JDSU in the coming weeks.