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

To: John Waddell, Ph.D who wrote (7074)	3/3/2000 7:12:00 PM
From: t2	Read Replies (3) \| Respond to of 24042

John, WOW! JDSU has now surpassed the market cap of QCOM and Yahoo. Dell looks like the next target. So much for the S and P 500. This index is probably going out with along with the cyclicals etc.. type of stocks. ---UNLESS they make some serious changes to it. <g> Looking for VRTS, Q, JDSU to get in soon. Q might actually make it in first(high revenue factor). Goldman Sachs also looks like a good candidate but it has not traded publically for at least a year and that will probably hold it back. Here is where i got my calculations. Click on fundamentals under each company see the current market caps. quotes.nasdaq.com

To: John Waddell, Ph.D who wrote (7074)	3/3/2000 8:59:00 PM
From: fishweed	Respond to of 24042

John - re S&P inclusion. We must be careful what we wish ........for it may granted. YHOO was included and reached nearly $500.......it now sits around $300 pre-split ($158 actual). CNXT's inclusion rocketed it to nearly $150........it finished today around $90. Just playing devils advocate with two of the more recent high profile additions to S&P. I would prefer a slow steady climb with the occasional spurt,as it has been doing, much easier on the stomach! For the record: I'm a "concentrator" investor, am long JDSU and it has swollen to over 60% of my portfolio. fishweed

To: John Waddell, Ph.D who wrote (7074)	3/3/2000 9:40:00 PM
From: John Biddle	Read Replies (2) \| Respond to of 24042

You forgot inclusion into the S&P 500, which I still think will happen not too long after the split on March 10th. If anyone disagrees with this reasoning, please let me know, but I think the S&P wants more shares available for the index funds before inclusion. Inclusion into S&P 500 is not a sure thing, but is very likely. They may wait until its Price to Sales drops somewhat, i.e., they may want it to grow into its price. Inclusion in S&P does not always result in a pop in price. Qualcomm used the opportunity to sell a lot of stock quickly, without causing a drop in the price. JDSU might do the same, and use the cash to continue its rapid capacity expansion. As was already pointed out, the pop a stock might get from S&P inclusion is often not permanent, since it was caused by a one time market condition rather than long term value. I'm not sure why so many people believe the number of shares has anything to do with float. A dollar amount of JDSU will need to be bought by index funds if the stock is selected, and more shares at lower price doesn't affect that. I do believe splits can have a psychological effect on individual investors, but I don't think it will have any on professional money managers. Has JDSU already announced the specific products they are introducing? I haven't seen this. I do not believe they have announced any details yet. At least, I haven't seen them either.