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


To: luther yow who wrote (16859)1/23/2001 10:18:38 AM
From: Tunica Albuginea  Respond to of 24042
 
I added at 58 today, after missing it yesterday.
57 was the previous 50 DMA breakout, so it now
became the new support.
58 is good enough.......,

bg

TA



To: luther yow who wrote (16859)1/23/2001 10:20:22 AM
From: t2  Respond to of 24042
 
Anyone notice VTSS is moving higher. So much for afterhours quotes.<g>
Was down to 61 yesterday evening and now over 71.

I mention this as I expect JDSU/SDLI/GLW/PMCS types of companies do the same. The short interest has been high and they will be scrambling to cover soon.

Why would people have been dumping VTSS afterhours? One has to realize these stocks are way off the highs and are still growing, even in this economic environment. Now the valuations are certainly much better and still the growth is intact.

If I was a porfolio manager...I would be asking---why sell VTSS at these prices? We should see the same questions after the other earnings from types of companies I listed above. The valuations have become attractive and selling now makes no sense.

IMHO, that is why the high growth stocks are going to keep going up after earnings.