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


To: MileHigh who wrote (10082)5/9/2000 12:05:00 AM
From: Boplicity  Read Replies (5) | Respond to of 24042
 
A break of 83 and we go down to lower 70's for a triple bottom. You cannot dismiss the CSCO revaluation factor when looking at any high-tech stock. CSCO is a leader, if valued at two times earnings it's PE would be in half, as would the price it is at now. If the market decides that CSCO will have to be valued at a lower price, so will other stocks.

Greg