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 : SDLI - JDSU transition -- Ignore unavailable to you. Want to Upgrade?

To: im a survivor who wrote (1763)	6/27/2001 12:31:57 PM
From: John Curtis	Read Replies (1) \| Respond to of 3294

LOL! I can't say I blame you. Both your strategy and mine seem to be working for now. And should JDSU break back into the singles then I'll be all over it, from a long term perspective, like white on rice. ;-) Meanwhile, from a trading perspective JDSU seems to be bonking its head on ~$12.50. The players keep running it up to that point, then playing "patty cake" with each other via the ECN portals, and afterwards pull it back down about a dime or so and let it lay there cycling buy/sells through. It looks for all the world like it's idling, waiting on Uncle Green Sammy's pronouncement. If it can break above $12.50 on strong volume after the pronouncement is rendered then JDSU may then run "toot sweet" for a point or so. If it doesn't break $12.50, then it could float back down into the mid-$11 area. I'm hanging back watching and waiting at this point, looking to see which way it goes.... John~