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

To: pat mudge who wrote (11825)	7/25/2000 2:31:57 PM
From: t2	Read Replies (2) \| Respond to of 24042

Is it just or me or are there others who are getting the feeling that the selling of JDSU shares by active managers is nearing an end. To me it seems that although some of the buying is done by the index funds but the selling is by traders OR by short sellers thinking this is an easy short. I don't think traders will have large enough positions to unload---that is, not enough supply. If I was a fund manager that wanted to lighten up on JDSU, I would have been done last week. Lets see how this unfolds not only in the coming 2 days but also the next month or so. IMHO, we will see sustained upside on JDSU stock in the coming weeks, especially if the market has already sold off to levels that we can rally from. I think the Nasdaq has sold off more than it should have given the seasonal slowdown of fund inflows. Did anyone catch Maria (CNBC) talking about slowdown in fund flows into this market ---she got her information from Charles Bidderman of Trimtabs, who runs a hedge fund that basically takes short and long positions on the S and P! One would think that smart mutual fund managers would have already lightened earlier given this seasonality. I think mutual fund managers more aware of what is happening with inflows and would have made adjustments a while ago.