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

To: FlameMe who wrote (18255)	2/12/2001 11:17:53 AM
From: im a survivor	Read Replies (2) \| Respond to of 24042

Yes, I am quite perplexed myself. I figured as soon as sdli deal was approved and closed, we would have a little run....instead, we have slowly sold off. Short interest is high, which I also find interesting. JDSU currently at or near 52 week low....why be short now? FO sector is expected to triple within a couple years...jdsu is now king gorilla on the block....am I missing something here? Seem's like now would be the time to accumulate this stock....but then again, I said that after we got knocked from $100 to $70, so.......what can ya do? I for one am not selling right now. If we go lower, so be it. My hope is that the economy rebounds and the naz is much higher along with jdsu, one day....will it be tomorrow, next week, next month, next year??? I don't know, but my hope is that long term JDSU is eventually at much higher levels then todays price. With that in mind, and since I dont know how low it will go, I will not try and time it by selling near a current bottom. If I didnt sell at $100+, I am not going to sell at $40.00......but I must admitt, I am surprised we are back down here so fast......just a couple weeks ago it looked like we would hold $60 and make a post sdli run to $75.....instead, we are about to retest the $30's.....wonder when the buyers will step in and wonder who is selling jdsu in upper $30's??? Keith