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

To: michael97123 who wrote (15479)	12/26/2000 2:41:12 PM
From: michael97123	Read Replies (1) \| Respond to of 24042

Tax selling is doing in most nasdaq stocks. Most are crushed well under what any reasonable valuation. In a sense jdsu must be affected in similar fashion although it is a higher multiple stock. Bargain hunting and the beginning of a january rally can absorb whatever stock is left to sell for tax purposes. Friday showed the first signal of that. That is why we might just reverse direction again today. In that case perhaps lows are in for naz and for most stocks.