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

To: t2 who wrote (17063)1/25/2001 1:44:42 PM
From: luther yow  Read Replies (3) | Respond to of 24042
 
In addition to glw warning, now cien is out saying they are going to cut back to maintain earnings. Both are neg for JDSU and it now looks like JDSU might close even lower. The selling into it is growing rapidly. Not the news any one wants to hear but could be true. IMHO That 54 mentioned earlier may be in sight.

Luther



To: t2 who wrote (17063)1/25/2001 1:45:00 PM
From: FlameMe  Respond to of 24042
 
t2,
i agree a close above 60 would be good. a little short term downside consolidation going on right now. i expect they'll try to break it to the downside. if they can't, that will be telling.

good luck,
ross



To: t2 who wrote (17063)1/25/2001 1:48:29 PM
From: JakeStraw  Read Replies (1) | Respond to of 24042
 
>>JDSU is better valued, IMHO

Explain to me why you think JDSU is such a good value at these levels. For the FY ended 6/30/01 I've seen estimates for JDSU to earn just .80 which would give it a p/e of around 71 at its present trading level of around $57.


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