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

To: Master (Hijacked) who wrote (19844)	3/29/2001 5:30:23 PM
From: t2	Read Replies (1) \| Respond to of 24042

Vince, To me it looks like "Window Dressing" is pushing these stocks even lower. Portfolio managers probably want to dump these stocks and get them to low percentage of tech portfolios. It also explains why Microsoft and especially Dell still hold up stock (Dell was even positive). It is capitulation but it is being done at the mutual fund manager level(and possibly also at the fund holder level). When investors see their March 31st top holdings, they won't see NT, JDSU, Cisco, SUNW, JNPR etc. etc....as top holdings. What happens on April 1? The aggressive sellers will already be done their selling and therefore we may have a great trading opportunity. This is exactly what happened at year end December 31; there were a lot of stocks that had to be kicked out of mutual funds fast, especially those that were bought months earlier at much higher prices. The Dec 31 reports by funds are very detailed so they unloaded much more but there was a bounce in select stocks. In the March quarter, I would expect a bounce late tomorrow or early next week in the stocks that have been declining the most. I am certainly going to consider a few of the high fliers for call options if they are the best opportunity and at this point I am unsure. Maybe you are writing off your recent purchases off a little too soon. There is going to be a lot happening that may very well be trading related but we could get a big bounce very fast. They talk about all the warnings that will come out next week as companies close out their books....I think it is already done and the new announcements might be insignificant or their may be very few to speak of. Reg FD and better disclosure has resulted in the companies warning very early. Quarter closing is going to signal a lot of opportunities IMHO. There may actually be a lot of companies in tech that are doing fine...the ones warning may be those that are losing market share to the smaller competitors. Juniper is going to be interesting when it reports earnings. Expecting caution for future quarters but how much will already be factored in by then. Who knows.. I think wireless communication is probably a better sector than optical. The carriers may be better than the equipment providers. The baby bells like SBC, BLS etc..and the wireless operators may have the most to gain. Less buildout and less competition from new carriers that have been going out of business. Unfortunately, the SBC types move slow in stock price. However, the wireless carriers like AWE and others may be better plays.