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

To: JH who wrote (11587)	7/20/2000 3:42:24 PM
From: pat mudge	Read Replies (2) \| Respond to of 24042

Massive "Hanging Man" formation today. Just be careful who's head fits in the noose. Pat, who doesn't trust any system 100%

To: JH who wrote (11587)	7/20/2000 4:51:59 PM
From: Robert New	Read Replies (1) \| Respond to of 24042

Time will tell regarding your call. I really dont expect any major move in the shares over the next day or two but I think as we near 7/26 and for a day or two after we should see significant strength. As I mentioned earlier I will be accumulating on any dip to the 120 area. Certainly anything is possible in this market however I am positioning for an advance on 7/26 and 7/27. I like the long term outlook for this company and will continue to hold my core shares...

To: JH who wrote (11587)	7/20/2000 5:58:12 PM
From: John Waddell, Ph.D	Respond to of 24042

Odds are that gains will NOT hold (short term). What do you mean by "short term"? Thanks.

To: JH who wrote (11587)	7/20/2000 6:27:55 PM
From: t2	Read Replies (5) \| Respond to of 24042

Got rid of all 8,400 shares of JDSU You must be feeling a little lighter today.<g> I disagree with your position for several reasons. 1. Those that had been playing an S and P 500 addition were disappointed with the SDLI merger as that was thought to hold back an addition until it is completed. They sold after the deal. 2. Shorts joined the party as all the experts were saying that JDSU is in the penalty box and won't move up. 3. ETEK merger closed increasing the market cap of the company. Upon the closing of that deal or just before, mutual funds lightened upon on JDSU as the combination exceeded their maximum holding for a stock like JDSU. So that was more selling. 4. Upon the SDLI deal, more funds sold thinking that the combined company represented too large a holding for their funds. Surely, many funds sold on this news. So more selling was out of the way. I remember hearing one fund manager on CNBC say she dumped JDSU and kept SDLI (I guess SDLI looks better in the quarterly mutual fund reports<g>) after the SDLI announcement 5. The drops in the stock yesterday and Tuesday was surely due to a lot of shorting along with profit taking. I believe the price was about 115 before the declines took place. More selling out of the way. 6. JDSU has lagged Corning and SDLI in a big way for a while. It is thought to be relatively undervalued. 7. JDSU needed a more wider base holding the stock considering its large market cap. That kept the stock down. 8. BRCM had huge gains upon its addition and stayed up afterwards, gaining several days after the addition. BRCM was not a S and P mid 400 addition to the 500 and that is why it had a big gain. JDSU was not in the midcap but has a huge market cap. 9. Stock split possibility after the earnings report. Based upon the above points, I see significant sustained gains in JDSU beyond Wednesday. I think some funds will wait a bit to add and that will keep support under this stock. IMHO, we have never seen an addition like JDSU before---about 110 billion prior to today (based upon JDSU/ETEK combined). In addition, after the earnings on JDSU is released, it will be clear how many total shares are outstanding and those that added it based upon JDSU (without ETEK) market weighting that we see on sites such as SI, nasdaq.com, or Yahoo Finance will have to add more for ETEK. Surely, there will be ups and downs but I see big gains ahead for the next week or two and a stable price afterwards. I think JDSU will be trading around 140 tomorrow and likely to be about 160 by mid week. Afterwards it could trade between 140 and 170. Likely to be at around 150+ if the market does not tank. BTW--could get a stock split next week as well with the earnings report.