Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: t2 who wrote (19785)	3/28/2001 2:14:19 PM
From: hamsandwich	Read Replies (1) \| Respond to of 24042

I agree with your suggestion we will see a bottom on or about April 6, but I expect it to be a mid-term bottom. I'm guessing the funds have money to put back in to the market but there have been ample fund outflows of late, which may hamper the sustainability of any rally. Also, there are lots of people losing jobs out there, energy prices increasing, the California energy wildcard, earnings growth collapsing, Japan/South America/European issues, etc. etc. I certainly don't have a sense of where we (U.S. economy) head next. I don't know if this has already been posted today. ML downgrade this AM. JDS Uniphase (JDSU) 23 5/16: Merrill Lynch downgrades to NEAR TERM NEUTRAL from NEAR TERM ACCUMULATE given lack of visibility into the next few quarters; firm notes that Nortel accounts for 15% of JDSU sales; reduces FY01 est. to $0.61 from $0.64 and FY02 to $0.55 from $0.62.