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: Kayaker who wrote (15190)12/22/2000 2:54:32 PM
From: Kayaker  Respond to of 24042
 
JDS Uniphase Rebounds in Midafternoon, After Falling to 52-Week Low
By TSC Staff

12/22/00 2:40 PM ET

JDS Uniphase (JDSU:Nasdaq - news) fell to a 52-week low of $37 in midafternoon, then began to bounce back. It was recently down 4.7%. The moves followed a CNBC report that Deutsche Banc Alex. Brown is urging its sales force to be cautious about the optical company.

JDS Uniphase had enjoyed a strong session until then. Other optical issues followed it down and then back up. Corning (GLW:NYSE - news) dipped into negative territory and was down 1% after falling lower briefly; New Focus (NUFO:Nasdaq - news) dropped sharply and rebounded. It was up 10.2%.

thestreet.com