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Technology Stocks : JDS Uniphase (JDSU)
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To: SJS who wrote (8799)4/13/2000 10:48:00 PM
From: Kent Rattey  Read Replies (1) of 24042
 
Thread pep talk:

What is interesting to me through all the turmoil is everyone seems to be running around trying to figure out the bottom. Well, those members of the human race with decent short term memories know, because we hit it last week. That being said, we are very close, again. The big money will step in soon. It is not different this time. The players know trailing P/E is BS with growth. When JDSU hit 80 last week, people were all over it like a cheap suit. If it hits 80 again, don't worry, they will be all over it like a cheap suit again, and it won't stay there long(a nanosecond like last time). Don't sell at these levels, the risk is far less than the potential reward.
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