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


To: McNabb Brothers who wrote (19418)3/13/2001 3:55:21 PM
From: Tunica Albuginea  Respond to of 24042
 
I am not going to reply to that for fear of incriminating myself

TA



To: McNabb Brothers who wrote (19418)3/14/2001 6:59:39 AM
From: larry  Respond to of 24042
 
Hank,

I said that the next leg down will occur within the next 4 weeks. Actually I shorted CSCO the first time (since it went below 30)after market close yesterday. There is no way that CSCO can rally after repeated warnings and it will have to give a formal warning to guide the number down. Otherwise it will miss the number again. DOW is poised to penetrate 10k today. Again, the first penetration should result at least a moderate rally toward 10k. We should see DOW at 9k or so along with the next leg down in Naz. The valuation in the leading tech issues are still way too rich for lots of value investors. Only tech lovers will buy them at these levels, but the problem is that tech lovers have already over bought tech for 4-5 years in a row before the meltdown and absolutely got burnt.

larry