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

To: Hank Stamper who wrote (19551)	3/17/2001 12:08:29 PM
From: uu	Read Replies (3) \| Respond to of 24042

I think they all will go lower shortly - especially with negative 10% growth predicted by LSI chairman for 2001 (compare to his previous prediction of 22%-30% growth). I think what may happen is that next week we will indeed see the bottom. A bit of rally late on Monday in the anticipation of FED rate cuts on Tuesday. Then on Tuesday after the FED cuts the rates by 0.5 or 0.75 points the rally continues a bit before the sell off takes place. Wednesday and Thursday of next week we may very well see a rather intense market sell off with Nasdaq dropping to perhaps high 1500 low/mid 1600 with huge volume. And that is when the bottom will have reached. The market will go into a side move with nasdaq trading between high 1500 low 1800 for the first 2 weeks of April when people will continue to sell to pay to IRS (if in fact they did make money in 2000!). Expect the formation of the biggest bull market ever beginning mid April. Nasdaq will end up being between 3200-3500 by the year end, and I even go further and predict a Nasdaq of 5500-6000 by mid 2003 (with 2002 being the catalyst). And of course I have proven to be wrong many times in the past, but for now this is what I believe to be the case. Time will of course tell! Regardless of being wrong or right, one thing I know for certain, Markets always recover and good companies will always - with no exception - set new all time highs. And JDSU is of no difference. We will see new all time highs for JDSU sometime within the next 24 months and that I am betting my heard earned money on since the stock was at $61.5! Regards,