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


To: Stocker who wrote (15977)1/5/2001 5:03:47 PM
From: Robert  Respond to of 24042
 
Clearly, JDSU (and most of the market) has very little chance of rising until they report earnings over 1 or 2 quarters. What Greenspan giveth, the market taketh away.

Robert

PS: In retrospect, the tech market is behaving much like the junior resource market a few years ago. Any mention of a positive drill hole would send stocks screeching up the chart. One then had to wonder whether it was worth waiting for the next drill (earnings) result. That market crashed and never recovered. Not a particularly good comparison, but their are some similarities to the behavior of the tech stocks recently