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

To: pat mudge who wrote (8541)	4/10/2000 1:48:00 PM
From: Curtis E. Bemis	Read Replies (1) \| Respond to of 24042

I believe it to be Blabby's friends, SSB, ML etc. and the over reporting of that on CNBC. Unloading a bit of tech cause Naz will not grow is a self-filling prophecy.

To: pat mudge who wrote (8541)	4/10/2000 2:00:00 PM
From: t2	Read Replies (3) \| Respond to of 24042

Pat, I was actually glad to hear that Merrill's McGabe was getting somewhat bearish on the techs this morning. Considering how long he has felt this way (several years I believe), I took it as a sign that the Nasdaq is about to go higher. The worst thing is to get is a perrenial bear turning bullish. Joe Batapaglia is getting bullish on tech. Others that are important are Tom Galvin and Jeffery Applegate. and especially Abbey Cohen Like I stated earlier, you want the bears to remain bearish. That is good for the Naz. It usually signals an upward move for the Nasdaq. That is why I think we will rally into the close, maybe even getting about a 50 to 100 point gain in the Naz. (hoping for such a gain of course as it is down 170 now)

To: pat mudge who wrote (8541)	4/10/2000 2:32:00 PM
From: t2	Read Replies (1) \| Respond to of 24042

This is about as bullish I have been (recently)on the prospects for JDSU in the coming months. I think it went down too much and now has reversed directions. The fundamentals of their business is just too good. I think the investors who were worried about its incredible gains in the last year have probably trimmed their positions significantly (just speculating). Then there is always the phase IV mystery although many believe it has to do with wireless.

To: pat mudge who wrote (8541)	4/10/2000 3:36:00 PM
From: Chris O'Connor	Read Replies (3) \| Respond to of 24042

Pat, I agree with you in regards to CNBC. It seems that instead of reporting the news, they are trying to create it by taking anything negative and running with it. It seems like they can't find enough people to talk negative about the market instead presenting things in a more balanced way. I guess they figure by scaring people they can increase their ratings. Also, don't you find it irritating how they have MARKET SELLOFF running up the screen next to the averages to emphasize things. I find that to be very tabloid in nature (I hope that analogy makes sense). Don't get me wrong, I don't expect them to paint the picture entirely rosy. I find it good to hear both the bearish side and the bullish side. I just have a problem with the way CNBC makes everything so one sided,that is why I turn more and more to Bloomberg in the morning and CNN in the evening.