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


To: contrarian1437 who wrote (8676)4/12/2000 3:42:00 PM
From: pat mudge  Read Replies (3) | Respond to of 24042
 
OT --

I think SSPI is a victim of margin calls by traders/momentum players. It has virtually no institutional holding and with most of the retail buying drying up, it will require new money to move it up.

I don't worry about JDSU. It can move up as quickly as it moves down. A friend at a NY hedge fund said they have their fingers on the "buy" button, waiting for the gap to be filled. I doubt they're alone.

The buying will build on itself the same way the selling currently is.

Pat