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

To: onurbius who wrote (19051)	2/23/2001 1:46:28 PM
From: im a survivor	Read Replies (1) \| Respond to of 24042

I noticed the stabilization in sunw and took advantage of the very cheap premiums and added 03 sunw leaps.... company will be buying back 1.5 billion dollars worth of their stock on the open market. First, a tremendous show of faith by those who should know best...management of the company. Next, we are ata low for sunw unseen in a loooong time. maybe some downside left if naz continues, but how much more can there be for sunw...only $20 more......IF you were short sunw now, knowing the new servers "will be shipping in volume by 4th qrtr", share buy back and etc, etc....would you be shorting sunw at $20 - $15......and what happens when the shorts cover.....and think how many shares will be bought by the company alone, on the open market......then look how cheap the premiums on the sunw 03's are and how, if necessary and naz is still in a funk in two years you can always roll up to 04's and keep doing that until sunw recovers....anyway, I added more sunw 03's as I can't find many techs with such low premiums and positive upside potential with minimal downside.....and, if naz continues to self implode and sunw comes down some more, I will be raedy to add more leaps keith