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

To: Tunica Albuginea who wrote (19615)	3/20/2001 4:26:28 PM
From: t2	Respond to of 24042

Just waiting for the market to keep selling off until the stocks become cheap for the CFOs who decide to buy back aggressively. Like I stated earlier that may be a leading indicator of things getting better. Also think Greenspan wants the market to be on guard for intermeeting cuts as that may be more effective than a 75bp cut right now. If we had 75bp, we may not have gotten the steep selloff but would not have seen a big gain either, IMHO. Being on alert for intermeeting cuts may be much better for this market. A 75bp with a selloff in the days afterwards would have been a very bad sign. At least for now, we did not have to face that situation. BTW--I think he did the right thing in cutting 50bps. Still does not change the fact that he messed up in the last 12 months.