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Technology Stocks : JDS Uniphase (JDSU)

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To: freeus who wrote (1783)11/5/1999 6:36:00 PM
From: fishweed  Read Replies (2) of 24042
 
freeus - The problem with these gorilla stocks is....

you can't recognize them for what they're going to become when they're young and simply won't hold them to the end....case in point. I watched JDS Fitel(before the merger with Uniphase) drop to around $16 Canadian....bought and rode it up to around $35....sold for a double and patted myself on the back for my brilliant move. Had I held on I would have had a 12 bagger heading for 24! But I did sell and finally worked up the courage to get back in at around $115....and with a lot less shares than I had at $16.

fishweed
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