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Technology Stocks : JDS Uniphase (JDSU)
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To: t2 who wrote (5437)1/27/2000 11:59:00 PM
From: Hank Stamper   of 24042
 
"Getting the feeling that panic has set in. That is the best time to buy. Of course this is just my opinion.
good luck"

1. I don't think panic has begun yet. The markets are basiclly going sideways with a little downward drift. There is only "sober discussion" on the tv and none of my investing friends have even mentioned the stock markets to me in weeks.
2. When panic selling begins (and, this is a big assumption--remember, I've been urging caution since the P/E got over 50!!!!) the time to buy, I think will not be at the beginning. The time to buy will be after a drawn out series of false rallies and the completion of a blow out bottom. This is all very hypothetical, of course and if it comes to pass will be many many months away.

Ciao,
David Todtman
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