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

To: Ibexx who wrote (15295)	12/23/2000 1:57:31 PM
From: Stephen M. DeMoss	Read Replies (1) \| Respond to of 24042

Ibexx, are you sure? I thought it was rated 'accumulate' from buy. My concern generally with the techs has to do with how much things moved up on Friday (as crazy as that may sound). Companies like Cien, Jupr, Brcm, Brcd, etc. moved big time, leaving what for an oncor? Maybe another day like that but if all the selling had some merit to it, this move up is 'too much, too fast'. Thus leaving us vulnerable to additional selling sooner rather than later. How does this apply to Jdsu? Just when it gets off the carpet and begins rising, the other 'speculative' companies will be coming off their overbought conditions, retarding any upward progress of our 'speculative but futuristic' company. As tempting as it is, I will hold off buying near term. I actually sold at 47 yesterday and was in shock when I came home seeing it down 5 at one point. To me its a 'stay away' stock except for a quick trade near term. Steve D.