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


To: SJS who wrote (12602)9/13/2000 12:28:46 PM
From: sam  Respond to of 24042
 
My guess is that the weakness is in large part due to what Pat Mudge told the SDLI board yesterday.

"Recent weakness is due in large part because a major JDSU shareholder is unloading,
and has been for quite a few days. According to my sources, it's the same guys who
dumped during the S&P run-up."
Message 14370354

Ultimately, a seller like that can cause this sort of weakness. We were lucky last time when 50 million or so shares were unloaded during the S&P runnup. Now they are selling into weakness...but probably (hopefully) close to being done. All the other talk about the F/O revolution being over is ludicrous. So, yes, I bought in yesterday. Will JDSU fall to 80? Perhaps...but only if that seller is not nearly done yet. FWIW, the options play suggests JDSU will end the week at 120...but our seller may nix that one...or so it seems right now.



To: SJS who wrote (12602)9/13/2000 1:34:56 PM
From: Gerald Walls  Read Replies (1) | Respond to of 24042
 
In fact, I've probably taught you something you didn't know.

Yes, I now have an idea of how smart you think you are.

OH......Your very welcome.

My very welcome is what?



To: SJS who wrote (12602)9/13/2000 1:44:40 PM
From: tangoexotica  Read Replies (2) | Respond to of 24042
 
It wasn't too hard to figure out that you are not looking at a Bloomberg terminal. It was blazingly obvious when you started comparing money flow on BigCharts to what you find on a Bloomberg.