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To: Jacob Snyder who wrote (2319)10/15/2002 9:34:35 PM
From: Return to Sender  Read Replies (1) | Respond to of 13403
 
OT: I don't see how anyone could short JDSU because it is now well below $5. I am also uncertain that this investor can make money long or short on any issue. I am now very scared and therefore very careful. Lately I done a little better. I am keeping my horizon very short term in nature and my expectations very low. I am also trying to really pick and choose entry prices. In other words I am being more patient than I have ever been.

Best of luck with the JDSU.

RtS



To: Jacob Snyder who wrote (2319)10/15/2002 9:35:38 PM
From: Cary Salsberg  Respond to of 13403
 
OT

RE: "JDSU is going to be a great trading stock, for many months, perhaps years. The total disappearance of customer orders will put a ceiling on any rallies in the stock."

If revenue levels don't stop falling, then I disagree with the "great trading stock" opinion. Revenues are currently below breakeven, so quarterly losses keep taking bites out of the $1.10/share. It costs money to reduce breakeven and those are more bites. The price could fall below $1.10 if investors give up hope of revenue stability. Recent signs indicate that revenues might stop falling, but in that case, the stock could take off because of momentum buyers. I guess I don't see it as trading vehicle.