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


To: Red Heeler who wrote (11751)7/24/2000 9:58:08 AM
From: Paul Haynie  Read Replies (4) | Respond to of 24042
 
Have you people never seen Animal House??????



To: Red Heeler who wrote (11751)7/24/2000 10:14:16 AM
From: Robert New  Respond to of 24042
 
I wouldn't be surprised to see some type of headfake on the JDSU shares as we saw in the BRCM chart earlier. Im fully set in terms of my trading shares. After reviewing the moves in BRCM and YHOO the couple of days prior to inclusion showed the best moves with by far the actual day of inclusion the strongest. Actually quite explosive.

Consider the action in YHOO which was added to the S&P 500 on 12/7/99 (actual date of inclusion which corresponds to 7/26 on JDSU). Here is how YHOO traded leading up to and including the close that day....

12/1/99 $228.875
12/2/99 $245.812
12/3/99 $253.00
12/6/99 $280.812
12/7/99 $348.00

As you can see the move from the day before inclusion to the day of led to a 24.2% move up and JDSU actually has a larger market cap than YHOO did so we should see quite a strong move on 7/26 at/near the close. Should be an interesting couple of days...

Rob