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Technology Stocks : JDS Uniphase (JDSU)

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To: sam who wrote (12982)	10/11/2000 9:03:13 AM
From: pat mudge	Read Replies (2) of 24042

"The company [Lucent] is also in the process of...directing resources to the high-speed fiber-optic gear that it failed to nurture earlier." Page A17 of today's WSJournal. About time, don't u think? Visions from old movies of the guy holding his hat, suitcase swinging, dashing down the track hoping to catch the disappearing train. . . It's a hard business to catch up in. Don Scifres has explained you can't catch up if you miss a cycle; you have to leapfrog and in effect be standing at the next station when the train pulls in. I don't think MOT's conference call is going to rescue the market today. Looking for next rescuer. . . perhaps Juniper tomorrow. Pat

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