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Technology Stocks : UNPH _ Uniphase -- Ignore unavailable to you. Want to Upgrade?


To: fred woodall who wrote (773)3/3/1998 8:50:00 PM
From: David S.  Respond to of 1261
 
I think that despite near term uncertainties created by firms such as Ciena and the situation in the far east, Monica Lewinsky and Nostradamus, there are many investors who truly would like to own UNPH. They feel that in the mid 40's, they may have missed it - and based on published estimates, in the mid 40's, it isn't an inexpensive stock. But for all the nervous nellies who want to sell it, there are very large players who would love to pick up a couple hundred thousand shares of UNPH at reasonable levels. Such buyers are not day traders, but should provide a nice investor base for long term capital gains.