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


To: Scripts who wrote (20402)6/14/2001 7:14:35 PM
From: Master (Hijacked)  Read Replies (2) | Respond to of 24042
 
This isn't addressed to anyone in particular.

My 2 cents, and not a penny more cause I ain't got none. The Recession was brought about by Greenspan's infamous attack on the markets back in March of 2000. Because of this economic slowdown, stocks such as this one dropped from $150 to $15. In other words, I was under the impression that the $135 drop accounted for the economic downturn.

What bothers me is that some anal-ists and posters alike seem to be surprised at JDSU's warning. The Gurus of Wall Street and SI wannabees are now suggesting the stock will drop to under $10 because of this announcement. Well, excuuuuuse me...if the sudden revelation that we are in a recession is causing the price to slide from $15 to $10, what the heck explains the drop from $150 to $15?

It seems to me that there are a lot of naive folks around here who believe in Virgin whores.