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

To: Tunica Albuginea who wrote (18328)	2/12/2001 4:51:16 PM
From: LJM	Read Replies (1) \| Respond to of 24042

=DJ Ciena Down-3: JDS Uniphase May Revise Outlook This Week 12 Feb 16:42 Nervousness that JDS Uniphase Corp. (JDSU) may revise its estimates when announcing the completion of its acquisition of SDL Inc. (SDLI) also hurt fiber-optics stocks Monday, traders said. JDS Uniphase shareholders are scheduled to vote on the merger Monday. "We expect management to hold a conference call on either Tuesday or Wednesday to discuss pro forma earnings and revenue guidance," he wrote. "The new guidance will be based on the acquisition of SDL as well as the sale of JDS Uniphase's Zurich facility to Nortel for $2.5 billion in stock." JDS Uniphase shares closed at $40.63, down $2, or 4.7%. -Christine Nuzum; Dow Jones Newswires; 201-938-5172 (END) DOW JONES NEWS 02-12-01 04:42 PM

To: Tunica Albuginea who wrote (18328)	2/12/2001 5:02:38 PM
From: t2	Read Replies (1) \| Respond to of 24042

It seems that a lot of the nervousness is being factored in so many stocks in this sector. What happens when the selling just dries out? Short covering expected when when JDSU revises earnings outlook due to merger. It may be too late to buy by next week, IMHO. Another thing to consider is what happens to the SDLI people who are able to sell their stock on the market. That is always a worry but I suspect there are a lot of smart people who will want to wait it out for a better price. And the 7.2 million JDSU to be bought by indexers will be able to absort a lot of the selling once the adjustment is made. IMHO, this stock is at rock bottom price right now. I am going to make it one of my top 5 positions this week..buying a bit every day. BTW--notice how cisco moved up when hardly any bulls can be found on the stock. I believe we are about to see the same with JDSU but in a bigger way.