Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ggamer who wrote (7198)	3/7/2000 12:06:00 PM
From: codawg	Respond to of 24042

I seem to recall that JDSU is giving a presentation to the analysts today at the OFC. Does anyone know when, and if there's a webcast?

To: ggamer who wrote (7198)	3/7/2000 1:55:00 PM
From: TigerPaw	Read Replies (1) \| Respond to of 24042

I have June 160's and 200's If I had those (and they were calls) I would wait for June, then sell the 200's to excersise the 160s and hold them for a capital gain. TP (2 cents autodeducted)

To: ggamer who wrote (7198)	3/7/2000 2:42:00 PM
From: t2	Read Replies (1) \| Respond to of 24042

ggamer, RE: June options on JDSU. This is a tough one. You are now basically holding the equivalent of JDSU stock on margin by holding these June calls. It really depends upon how much risk you are willing to take and how concentrated you are in JDSU. One thing that you are clear of is the possibility of deteriorating premiums (with time) since your calls are deep in the money. You decision is basically dependent on where you feel JDSU is headed. I wish I knew although I think the trend is to higher levels. I am expecting a split announcement by the April earnings but we could have a lot of volatility from now to April and more to June. It never hurts to take some profits on the calls and ride the rest especially if you already made some great gains. I feel JDSU will be a lot higher by the June expiration but as you know there are no guarantees. Again, the good thing is that you don't have much premium left on your options. Another way to play it is to sell all your deep in the money calls and buy out of the money calls but use only a fraction of the capital. You could buy the same number of contracts but with much less cash. This is like profit taking but with the potential of some big gains on your new out of the money calls. Any way you look at it, it is a tough decision. good luck