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Technology Stocks : JDS Uniphase (JDSU)
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To: Tunica Albuginea who wrote (20046)4/13/2001 4:37:15 PM
From: zbyslaw owczarczyk  Read Replies (1) of 24042
 
TA, in mid of 1996 we had correction b/c of inflation worry, which of course took semi and others down.
In 1996 market was sharply up by early July, including semi.
So LB ref. to 1996 is not correct.It was market, not semi.
May be Niels should remind investors how he was pusing semi up in Spring-Summer of 2000 when SSB was berish on semi at that time.
Niels was wrong , SSB was right.
Niels is trying to make trading call.
His timing and SSB is different by only 3-4 months.
He does not like that SSB was first making positive call.
For example Analog Devices see increase of revenue in August-October quarter, which would suggest that SSB is right saying that August will be that bottom of cycle.
Niels thinks October will see that bottom.

ZO
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