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

To: luther yow who wrote (17160)	1/25/2001 7:24:54 PM
From: dave luken	Respond to of 24042

Dont be so sure. Just saw on bloomberg that the money flow for jdsu today was up the whole day. Meaning that the big block trades were postive. Not a guarantee of good news but rather unusual for a stock that was down as much as we were.

To: luther yow who wrote (17160)	1/25/2001 9:20:42 PM
From: Cliveous R. Ogg III	Read Replies (1) \| Respond to of 24042

Luther, I am a lurker on this board and thought that I would suggest that you look at selling LEAP options on your position. Check out the 2002 80's, 90's 100's and 110's. Also check out the 2003 for the same strike price. You might be able to hold your position without the margin getting into your capital in a deep way. I have done this and am still doing it, and it has worked well. You can trade them like stocks and gradually reduce your cost by the amount of the premium you get to keep. If you don't trade them but just sell them you can probably sell the 2003 80's for 15.00-17.00 tomorrow tomorrow a.m. That will be cash in your account immediately. I wish you well. Also you may consider the Wash sale rule to take a loss to offset any LEAP premium profit that you trade for and that may work as well. Check it out! Good Luck

To: luther yow who wrote (17160)	1/26/2001 7:47:30 AM
From: RetiredNow	Respond to of 24042

Luther, you made the right buy, but you shouldn't margin. My dad does that all the time with his retirement and it drives me crazy. Buy what you can afford to stay in for a year. If you follow that rule, then you'll never be forced out of a good stock. Believe me, I've tried the margin game and it'll kill you.