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


To: TigerPaw who wrote (18585)2/14/2001 5:17:31 PM
From: t2  Read Replies (2) | Respond to of 24042
 
Think the price move up indicated that there is really not much supply of JDSU shares at this price. Otherwise, this was all known yesterday and earlier today.

The stock should have traded around 41 if people knew about the supply and demand situation.

I also feel it got shorted today by traders hoping for a drop tomorrow.

What is going to mess that up is the strong close...the implication of less shares coming up for sale. Just wondering how many of those shares were sold to index managers by short sellers.

IMHO, the stock moves up significantly higher as a result of what I call today....a "test". We may be due for a short covering rally near term (don't know how big it will be).

If real buyers are stepping up, we have real potential here!



To: TigerPaw who wrote (18585)2/14/2001 6:32:08 PM
From: Robert  Read Replies (1) | Respond to of 24042
 
134 million shares traded.........is this related to the merger?

Robert