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: SJS who wrote (7683)	3/16/2000 8:47:00 AM
From: t2	Read Replies (1) \| Respond to of 24042

I don't think the Nasdaq will sell off today. There appears to be too much strength followed the massive declines giving us an almost 10% correction. The Nasdaq bounces from a correction.

To: SJS who wrote (7683)	3/16/2000 9:43:00 AM
From: John Waddell, Ph.D	Respond to of 24042

I think I know why there has been a narrowing of the difference between ETEK and JDSU: Forced margin selling. Notice how ETEK dropped in the last hour yesterday vs. JDSU. The people who are wiling to take on more risk chose to buy ETEK over JDSU. They are also more likely to risk using margin. I also agree with t2. This Corning thing has to be good for the whole sector today.