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

To: sam who wrote (14543)	12/1/2000 2:58:00 PM
From: sam	Read Replies (1) \| Respond to of 24042

Anyone searching for the real reason why NASDAQ has plummeted this year? Here it is: Message 14890050 Everything else is immaterial. FWIW, every major tech correction can be tied to one thing -- Fidelity selling.

To: sam who wrote (14543)	12/2/2000 8:51:41 AM
From: mansan	Read Replies (1) \| Respond to of 24042

Brian Belski, chief market strategist at U.S. Bancorp Piper Jaffray a guest on the PBS show ``Wall Street Week With Louis Rukeyser.'' recommended JDS Uniphase Corp., the biggest maker of fiber-optic components.``JDS has been very volatile and people have been worried about the outlook for fiber optic companies,'' Belski said, who expects the sector to recover and that JDS ``can grow in excess of 50 percent going ahead.'' Technology company stocks are 20 percent to 25 percent undervalued at present, making them attractive, Belski said, adding he doesn't expect corporate earnings will be ``as bad as people think next year.''