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Technology Stocks : JDS Uniphase (JDSU)

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To: Guy Gordon who wrote (6920)2/29/2000 3:51:00 PM
From: Nichols  Read Replies (2) of 24042
 
Guy- I gotta disagree with you. Frankly, I couldn't care less about a trendline. Heck, I barely know what it is. I do not trade stocks. I'm not that smart. But one thing I have learned is to hold onto to Gorilla(like) companies, and unless the fundamentals change, do not sell. Take CSCO, for example. I gotta beleive many a trendline was broken in past few yrs (it has some nasty, 50% corrections). But selling that 900 pounder would have been a mistake. The prospects of JDSU (again, unless something negative afffects the grip on fiber optics switches/modules and all) make this is a hold for me for the next several years. Trend Lines be damned.
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