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

To: sam who wrote (15748)	1/3/2001 9:29:47 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 24042

Sam, here is confirmation of your prediction: thestreet.com my favorite MORON S.Moritz from Street.com wrote" "I don't think this does anything in the next three months that would cause AT&T (T:NYSE - news) or SBC (SBC:NYSE - news) to decide it will double its capital spending," nobody expects them to double, but even fractional increase will help, not to mention that majority of cuts comes in voice switching, not packet/optical space. Reducing interest rates is "roughly analogous to decreasing the borrowing rate for someone whose credit card is already maxed out," wrote Lehman Brothers debt analyst Ravi Suria in a recent report on the telecom junk bond market. not surprise by Lehman comments. Lehman went negative on market during summer. Everything from LB was negative recently and red somewhere that therer were links that LB was big is cash, what of course would explain why they wanted market to go down. It was LB who was pushing bubble in March of 2000, and it is LB who is pushing now on opposite side. ZO