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


To: pat mudge who wrote (13024)10/12/2000 9:32:53 AM
From: 16yearcycle  Read Replies (2) | Respond to of 24042
 
He has a right to be pissed. It's amazing that a large chunk of this drop has been caused by analysts who appear to be well off the mark. Initially, the drop was fueled by pure overvaluation, but the slide was fed by margin, then the analysts, the momentum caused by media promotion, more analysts in other sectors jumping on the bandwagon, and real fear recently. It appears clear that there is no slowdown in business, other than a possible mild pull back from higher growth rates.

We could see a move of 1500 points on the nas over the next 5 months as these issues get resolved.