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To: Boplicity who wrote (1134)	4/15/2000 7:43:00 PM
From: Sam Sara	Respond to of 13572

I don't see 25 either, but 40 or so is possible. Let's forget fundamentals and PEG etc.- the last few years have shown that historically based P/E can become out of whack, and I don't think support levels are generated from P/E levels in trader's minds. The Oct- March move in Naz was pretty much amazing, and the moving averages generated by that move are weak supports, IMHO. The blow-off created 200 days lines that are suspect in the sense that they incorporate a period of time where there was a striking speculative frenzy. I think trend lines drawn from points prior to blow-off are more reliable points of support. The 40 figure is based on looking at time points from Fall 1998. This stuff, as you know, is all voodoo, but I have found it to be pretty useful. Some will scoff at it, but it has helped me in my trading decisions. The 40 area number presupposes major breakdown in JDSU, which may never happen. If it does though, depending on rate of decline, this would be an area that I think stock could descend to. If it doesn't, I never said it could <g>.