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


To: SJS who wrote (8651)4/12/2000 8:56:00 AM
From: t2  Read Replies (1) | Respond to of 24042
 
SJS, If stocks like Microsoft, Intel, Dell, Compaq, HP etc don't get crushed today on the MSFT story, we are at a bottom, IMHO.

I think most of these PC stocks won't drop this morning. That could be a sign there are no real sellers left and those stocks have bottomed. That would support high PE stocks like Cisco and NT. That in turn will support the higher PE stocks like JDSU. I don't know about the highest PE stocks in the biotech and B2B sectors.

There is just too much bearishness for us to have any meaningful drop from these levels, IMHO.