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Technology Stocks : JDS Uniphase (JDSU)
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To: DownSouth who wrote (12713)9/20/2000 7:30:13 PM
From: RetiredNow  Read Replies (3) of 24042
 
Hi everyone, don't underestimate the power of an oil shock to undermine economies across the world. One of my friends was telling me, he believes the shock we are experiencing now is worse than the one we experienced in the 80's. I don't know if I agree with him there, but the fact is that oil shock put us into recession. Anyway, that could be a real damper on just about everything. Hopefully, they get OPEC to think about the long term rather than the short term profits they are making. But short term profits are hard to argue with.
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