SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: jhg_in_kc who wrote (11879)7/25/2000 11:50:24 PM
From: TRIIBoy  Read Replies (1) | Respond to of 24042
 
From www.realmoney.com's columnist conversastion. This guy is a arb player:


David Brail
jdsu add
7/25/00 10:54 PM ET
re: the merrill lynch report that more jdsu has traded than indexers need to buy:

I would be careful taking merrill's conclusion's at face value. Its conclusion is very
simplistic and superficial. The situation is much more nuanced. You can't just tally
up the shares that have traded and come to some ironclad conclusion a full day
before the add. CNBC is guilty of this as well, but I think they are relying on this
same piece of analysis. I think there will be lots of twists and turns in JDSU between
9:30 and 4:00, and the astute and cagey traders will find profitable opportunites.

DJB
long jdsu common and calls



To: jhg_in_kc who wrote (11879)7/26/2000 12:41:52 AM
From: Surfer  Respond to of 24042
 
On 7/21/00 CNBC MarketWeek, Paul Meeks of Merrill Lynch called JDSU play of the week (7/24). The stock closed
on 7/21/00 around $135. The price is now below 7/21/00 close.

Check it out yourself:
cnbc.com
Few weeks back, he called AMCC correctly.

JDSU didn't run up as they claim if you look from the angle of intra-day time. 7/20/00 Thursday, gap up at 126 or so for 3 million or so shares. Then it stayed between 124 and 126 most of the day. On Friday, 7/21/00, went up $7. Monday and Tuesday downhill. Other than MM gap opened up the stock on 3 million or so shares on THURSDAY, THIS STOCK has been churning and going nowhere. So, make your own judgement.

We have to wait and see now....
Thanks.