>>StockHawk: this post is not at you, but at the concept, that shows up a lot on this thread, of comparing
returns between Gorillas and non-Gorillas here...I would regard JDSU as riskier than Q, because it is not a Gorilla. I expect an investment that is higher risk to return more, so it is no big deal to me that JDSU is doing better. <<
Bill,
Just to clarify. I admitted on the post about JDSU and QCOM that I was cheer leading - something I almost
never do. And I was not trying to draw any conclusion such as 'JDSU is better than QCOM'. That would be
silly, at least based on what I presented. I did a 30 day comparison. Change the start date by a day or two
and the results would change. Plus what can you tell from just 30 days. We're all long-termers here.
My only point, (and it was not much of a point) is that some of the stocks we follow here have done
extraordinarily well lately, and JDSU, of late, has defied gravity. I compared it to QCOM because QCOM's
rise over the past month - with the split announcement and other good news - has been spectacular, and it has
been heavily mentioned on this thread, and many others. Many here own QCOM and are familiar with it, so it
is a natural choice of comparison.
Over on the QCOM thread on one of the days when the stock was up 10% or so recently, someone made the
statement that it would probably be possible to find a bulletin board stock that was up 100% that day, but
which stock would we rather own? Obvious answer. You can throw a pile of crap up in the air, but it's liable
to fall on your head.
I am interested in QCOM, I own a good bit of QCOM (I even added 100 shares today) and I understand
that it is the rare gorilla. I also own smaller portions of other stocks that are, or may have the potential to
become, "gorillas, kings or prices with attitude."
I promise not to make a habit of posting short them stock performance information, but I am interested when
other people occasionally post information about performance of stocks I am somewhat familiar with but do
not follow actively. Companies such as WIND or CTXS come to mind. I do not own them, and do not at this
point know enough about them, but each time they are mentioned here I get a little more interested.
Perhaps someone will be motivated to investigate JDSU a little further based on my post. It is a company that
has been mentioned here before, most consider it a King and some are using the G word. The toughest part
about categorizing it may be the complicated nature of its products and the way it keeps altering itself by
buying up related companies.
Ok, first I'm cheer leading and now I'm rambling. Let me put my dunce cap on and go stand in the corner.
StockHawk |
