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

To: Michael Davis who wrote (979)	8/31/1998 4:05:00 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 1261

All kinds of folks raising money for all kinds of reasons, not the least is being over-margined. There were phenomenal paper profits in this stock, in my opinion. Now, DON'T GET ME WRONG: I believe the UNPH story is very much intact, and it still has a bright future. But, I didn't understand the justification, valuation wise for the run up to 65 pre-split, let alone the fact it ran to there again, post split. There's just so much blue sky one can swallow before belching back money. O/49r