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


To: lifeisgood who wrote (20976)7/28/2001 7:19:10 PM
From: Sam2482  Read Replies (2) | Respond to of 24042
 
If you are correct Then I will buy at $4 or $5 also. But I watched GLW earlier in July announce devastating news and it traded slightly lower and has actually trended higher. Perhaps shorts are still covering GLW too. But you must keep in mind that JDSU is already down from $136 so it has been pummeled. I expected to see the stock go to 6.5 to 7.0 with over 67 mil traded but the " market " sellers and buyers whether short or not held it up....at least for now. Perhaps we'll see $6 next week......but any good news at all could fetch $10. JMHO