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


To: Brian Malloy who wrote (10550)5/26/2000 8:43:00 AM
From: Tunica Albuginea  Read Replies (1) | Respond to of 24042
 
Brian:0830AM:Durable goods FELL 6.4%;Economy SLOWING??!!
Futures immediately climbing to 6.7 from 3.5!!
Even though these figures are based on March's figures
which had to be revised, still, this may be an early
indication of slowing economy.

Microsoft has been the #1 margined stock 1990-2000.People used
it as margin collateral to get into other things.
Now that has collapsed 50%: Investors lost

300 BILLION Dollars !

( Remember,for comparison a few years ago,
the budget deficit foe CANADA was 30 Billion dollars ).

So we have seen a LARGE reduction in the WEALTH EFFECT.

I am beginning to see this tanker ( market ) turning.

I will add to my MSFT holdings ( $63.5 ) today, at 62.
Money in the bank.
Hopefully as it rises in the future I can use that as margin
collateral to buy more JDSU when the momentum crowd gets
back in after their next paycheck, vbg.

TA