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


To: t2 who wrote (10743)6/2/2000 5:30:00 PM
From: onurbius  Respond to of 24042
 
What a great day, er..,week for JDSU. I managed to book a few dollars on quick turnaround trades like shooting fish in a barrel. Looking at a two year chart (sorry, link doesn't work by copy and paste): the 50 day MA which gave buy signal Thursday is very significant. The slow Momentum is looking to turn the corner and is close to buy signal, which would be explosive. TA types might look for this NAZ rally gap-up to fill sometime next week. I'm still holding some dotcom shorts with lousy fundamentals, just in case. If we do get a little pullback I will be rebuying JDSU next week, with all four bull hooves. Either way, those of us with leaps, etc. are thankfull to all the JDSU longs and the great discussions here in the past few months.



To: t2 who wrote (10743)6/3/2000 8:40:00 AM
From: reg  Read Replies (1) | Respond to of 24042
 
Yeah the move up has been amazing. Back over the hundred billion market cap. Check out the value assigned to this company yesterday.
Ford Motor said in a regulatory filing on Friday that it plans to distribute 130 million shares of its auto supply unit to its shareholders in a stock offering valued at about 1.5 billion.
Visteon, which reported a 1999 profit of $735 million on sales of $19.4 billion, is aiming to boost its non-Ford business from 12 percent to 20 percent of its total sales by 2002.
Wonder what market cap JDSU will command if they can ever hit profits like that?