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Technology Stocks : JDS Uniphase (JDSU)

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To: Tunica Albuginea who wrote (10500)5/26/2000 7:21:00 AM
From: MrBuzz  Read Replies (1) of 24042
 
The Royal Flush
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When the news sounds terrific, it usually signals a warning on my meter. Poker is a theme that comes to mind. The market has the players folding their hands when they very well should be holding. Does it really matter what technical phase we are in? Or rather should you be watching how fast the cards are dealt or dropped?

What if you were dealt the same hand you hold today back in 1998? Would you fold on what appeared to be a pair of deuces? Or hold on what you knew was a royal flush? What was the sentiment back then? Pretty much negative. The same kind of negativity that turned into positive.

At some point in '98, some cowboys didn't ride back into the sunset. They stood their ground. All of a sudden, things looked brighter! A pair of wiley AOLs. Full houses of JDSU's, and occasionally, the royal QCOM flush!

Word spread like wildfire and more poker players arrived riding on computer mice. All lured by different kinds of fast action poker games with grand, get-rich thoughts. Screams of "YIPPEE" were replaced by "YAHOO!". All the cowboys were happy and headed to the bars to celebrate after a nice day in the saddle.

But then something happened. The saddle got hard and hurt to sit in. Preparation H sales rose. Instead of getting up, the cowboys assumed THAT position - the one of pain from overconfidence, big ego, and stubborness. What was once the saddle of royal flushes, took on another meaning of a porcelain kind.

Now we sit here today, in what "appears" to be a uncomfortable position, listening to the sounds of the water flow in the turn of the century's, "ROYAL FLUSH".

Someday the flood gates will start running. And you will be able to stand up after months of pain and scream, "YAHOO!" once again.

Forget the semantics. A "bear", "bull", "rhinoceros", or "giraffe" - who cares! Make a decision to stand pat, bid up, fold!

Get ready to stand up and assume the salute position to the flag of the good 'ole United States!

Kenny Rogers will still continue to sing that song on the radio. Hopefully this time, people are smarter and will listen.

MrBuzz
whats-the-buzz.com
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