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Technology Stocks : JDS Uniphase (JDSU)

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To: t2 who wrote (19404)3/12/2001 11:29:31 PM
From: Elroy  Read Replies (1) of 24042
 
It seems picking stocks is not going to work in a downturn.

In a downturn you pick the stocks that will go down the least, which are usually the ones already beaten down since their own lousy outlooks existed before demand went belly up. Look at MOT vs. JDSU from nine months ago. MOT would have been much better as it has fallen much less on a percentage basis.

Elroy
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