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Technology Stocks : JDS Uniphase (JDSU)
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To: Tunica Albuginea who wrote (17944)2/7/2001 11:37:46 AM
From: mtnlady  Read Replies (3) of 24042
 
"and are a screaming buy right now"

You have been labeling almost everything a "screaming buy" ever sense April of last year. Yes, we all agree JDSU and others are excellent companies. But (!) as investors we also need the market to be 'with us' else we are swimming up stream. I, for one, think JDSU is also a "screaming buy" but not necessarily "right now". My guess is that CSCO's news (especially the forward guidance and what that means for almost everyone's PE ratios) has not yet fully been digested by the market - especially the average investor. Wait until CNBC and all the rest start really running the numbers and start publishing what stocks should be worth with the new forward guidance we are getting. In my opinion we have at least one to two more very serious downward movements (one coming most likely in Feb and another in summer sometime) to deal with. You can buy JDSU now... or wait a bit and get it even cheaper. One of the key lessons are learned back in April was.. in a down market everyone gets hit.. even the very best of companies. I, for one, am NOT buying... yet. Soon though.. very soon :)

Anyway.. please hold off on the daily "screaming buy" posts. It gets a little monotonous after awhile. Thanks. Well.. I take that back.. if JDSU hits the 30’s again then you can post SCREAMING BUY posts to your hearts content! <VBG!>
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