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

To: CAtechTrader who wrote (12010)	7/26/2000 4:35:52 PM
From: Dealer	Respond to of 24042

CC link Just starting: jdsunph.com

To: CAtechTrader who wrote (12010)	7/26/2000 4:37:36 PM
From: Venkie	Read Replies (1) \| Respond to of 24042

I did sell a few of my< 500> shs at/b4 it fell<gg> I only sold a wee bit but now I want them back so a dipper is good..I love this company..was gonna buy a boat but now I rather get the shs back<gg>

To: CAtechTrader who wrote (12010)	7/26/2000 4:47:33 PM
From: Surfer	Read Replies (2) \| Respond to of 24042

Hi All, Can someone explain to me how do MM justify opening stocks gap up/down? Take example, JDSU was gap opened on 7/20 from 106 close to above 125 for about 3 million shares or so. Then, it stayed within $2 most of the day. So, how it works? For 3 Million or so shares price jumps more than $20. Then, during the day, volume does not make a difference. If I understand correctly, share has to rise $20 in this case to bring out the sellers to match buyers for market on open. Am I understanding it correctly? In other words, how do they come up with gap up/down? It happens every day in some stock or other. Does SEC has any rules for MM about gap up/down for stocks? Appreciate if you can shed some light into my amazement. Thanks.