Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: pat mudge who wrote (15794)	1/4/2001 10:35:59 AM
From: SJS	Read Replies (3) \| Respond to of 24042

Absolutely not Pat. Warnings season continues for over 3 more weeks. In fact, 30-40% of all the warnings will come this month. My point is that we're already going to either have a recession, or just skirt one. These cuts, in order to stave off a near recession, should have been in mid-late 2000, ie, reversing the 50 bp raise in June. In fact, that 50bp raise in 2000 was, as we shall soon see, unnecessary. Mr. Shobin's point is that he's laying a good foundation for a strong up cycle again, but can't stop what's already been created. Steve PS: Yesterday's reaction, while fun, was emotional. I agree with many technicians that in order to determine if we've seen the bottom, we've got to test bottom point again. Ugly thought, but technically valid.

To: pat mudge who wrote (15794)	1/4/2001 10:40:56 AM
From: jjeannie	Read Replies (1) \| Respond to of 24042

I agree. As long as stock price movement goes this way, with fear and gloom, I believe there's a good chance AG will cut the rate at the end of January, but this time only 1/4. Hi Pat, thanks to you, I bought SDLI at $137 and JDSU at $40 a few days ago. You are the researcher in this area. Could you also give some insights on NUFO and RMTR, if you have time. Thank you. Jeannie

To: pat mudge who wrote (15794)	1/4/2001 11:01:25 AM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 24042

Pat, I hope you are right "there's a lot of room for upside." Added at 50. At least I know who to come after if JDSU tanks :-) PS: Alan Murray WSJ/CNBC just said Greenie likely to come on TV next week and say a couple of kind words about tax-cutting. About time..... vbg TA ================================================= Message #15794 from pat mudge at Jan 4, 2001 10:29 AM Not withstanding how the market reacts, there will be much more negative earnings news coming, downsizings, and economic weakness. Isn't warning season over for now? For those companies with calendar quarters, they would have warned within the first few days of the year. As for carrier spending, I believe the bar is so low and so much negativism built in --- in addition to carriers historically under-estimating --- there's a lot of room for upside. Greenspan did not let the global economy slide into recession in 1998 and he's not going to let the US go over the brink now. I'll be following earnings' CC's as usual, watching for specifics on NG spending versus voice. Pat