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Technology Stocks : JDS Uniphase (JDSU)
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To: Ned Land who wrote (3450)12/31/1999 8:50:00 PM
From: jay silberman  Read Replies (2) of 24042
 
"Do you understand the logic of this? The stock's going up, so we'll say its going higher?" The logic is quite clear; whether it's responsible is another story. These analysts are basically saying that all this stuff is not hysteria, but in fact a technologically-driven productivity revolution that (at these prices) will continue unabated for 10-20 years.

As that deep thinker Ronnie Raygun once said (in a different context): "Trust, but verify." Loosely translated: "Have your sell stops in place."

jay
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