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

To: t2 who wrote (17271)	1/26/2001 2:03:22 PM
From: michael97123	Respond to of 24042

What we are seeing this q reminds me of what we expected to happen after y2k. And you are right the confluence of the election quagmire in the midst of a nasdaq decline(orderly until the election), and a retail buying strike led to inventory corrections and what looks like a softer first half now to be corrected by Alan's rate cuts and W's tax cuts which will lead to a soft landing and a 2nd half recovery. Under this scenario I am a buyer now, particulary after rate cut 2, next week, regardless of whether it is a quarter or half point. To this I would add "after rate cut 2" and csco earnings on 2/5. If cisco earnings are like jdsu + jdsu type of warning stock and naz will rocket. If they show some weakness as bears project, at these level the market will probably treat csco like intel as a stock with all the bad news fully priced in. And then it will rally.

To: t2 who wrote (17271)	1/26/2001 2:05:05 PM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 24042

Correct t2, you and Michael. This AM was " a suckers' bull-market bear-trap " . Caused all the investors that had bought all those cheap shares, to sell them back cheap: barely any profit. Slowly slowly they are ramping the Nasdaq up. Cooking you out of the market slowly so you won't know it's happening. People waiting for a pull-back to buy. There will be no pull back . Next week they'll be buying JDSU at 62, 64 , on to $70. All IMO of course, ( in case JBinPA gets ansy again.......<g> ) TA