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


To: Hank Stamper who wrote (9929)4/30/2000 1:28:00 AM
From: blaireo1  Respond to of 24042
 
David,

Not sure if the alleged Soros selling greatly affected JDSU but we certainly know that his buying JDSU a few months ago gave the stock an ENORMOUS boost. For that I bow my head in a moment of silence for him out of respect and thanks ...and of course, sympathy for his recent plight.

Blaireo



To: Hank Stamper who wrote (9929)4/30/2000 11:34:00 AM
From: Spreck  Read Replies (1) | Respond to of 24042
 
Bull or Bear ... When we little people hear of the big boys getting out Like Soros and that other big name a few weeks ago ... Think about it if only two guys came clean with news on there leaving the market altogether... how many others funds public or private got slaughtered in the meltdown. The current wipeout may be over as all the big losers have been reduced to rubble ... of course this is just my own conjecture ... but think about it ... after the fact we hear who quit .... and major changes in investment strategies. Now we have a vague idea of where all the selling came from...the BIG BOYS got slaughtered. So my single largest holding is still JDSU. I held on as it never went under water for me ... But my only concern is what will happen to the markets ... short term we get this wonderful relief rally and everything seems to go fine for a few weeks .... Then Slam the big guys who suckered us all back in only to sell it down again .... We little guys all get slammed again and hold on. Mr market is a very Scary place... I held on to AOL for two round trips to the top and bottom....I hope we see some institutional buying come in to this market soon. No Volume No reason to believe any of this is for Real. Just my two cents worth.
Really glad to see us rebound a little this week.
Spreck



To: Hank Stamper who wrote (9929)4/30/2000 12:32:00 PM
From: Gut Trader  Read Replies (1) | Respond to of 24042
 
David, respectfully I believe Soros and his funds are pigs
and the favorite protein food for efficient markets is bacon.

GT@onlyBearsandBullssurvive.com

PS do leopards really change their spots?



To: Hank Stamper who wrote (9929)4/30/2000 2:13:00 PM
From: Gut Trader  Respond to of 24042
 
OT/ ...Recon Satellite photos of hostage standoff casualties..early reports identify the body as Soros.

homepages.go.com



To: Hank Stamper who wrote (9929)4/30/2000 2:33:00 PM
From: Gerald Walls  Read Replies (2) | Respond to of 24042
 
2. I found it interesting--perhaps I don't understand properly--that people think the drop in the price of JDSU and certain other stocks are due to Soros selling. I thought I read in the news reports that Soros had to sell because of the drop. I.e., the stocks got weak and he was forced to sell to cover. You can't say that the final result (Soros selling) is the cause of the original action (lower prices).

You're overlooking that this is a continuous process and not a discrete event.

Think of it as sort of a "margin squeeze" or "reverse-short squeeze". Those who were either on margin or who were following rules to cut loses were forced to into the selloff, causing the selloff to worsen and triggering another round of margin calls or stop loss selling. When these people were wiped out and had no more shares to sell the selling pressure (exacerbated by these very people) lessened and the bargain hunters' buying, no longer overwhelmed by the "margin/stop loss squeeze", started the rally.