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Technology Stocks : JDS Uniphase (JDSU)

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To: Hank Stamper who wrote (455)6/30/1999 8:04:00 AM
From: wlheatmoon  Read Replies (1) of 24042
 
David,
Well thought out scenario. UNPH is/will be a monster...but of course, things do change, just look at DELL,,,,supposedly the unbeatable monster has been tamed....

UNPH will be more affordable again,,,,I wouldn't use PE as an entry point, but rather the 50 or 200 day moving average.

UNPH is a momentum stock now....it may take off and never look back,,,,just look at QCOM,,or it may crash and burn when the momentum players get bored. Personally, I would like to see a market correction to get in, but like many others, the hardest part is trying to be patient.

If this stock never looks back and keeps flying, another train will come down the track.

Best of luck.
mike
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