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Technology Stocks : JDS Uniphase (JDSU)

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To: JakeStraw who wrote (19767)	3/28/2001 11:14:19 AM
From: RetiredNow	Read Replies (3) of 24042

Chambers saw what his customers saw. Since his customers didn't see it coming, neither did he. I have a friend who works at Cisco and he said that they received a stock allocation back in Nov or so. That means that Chambers must have thought the economy and stock had bottomed. Oops. That doesn't mean he should resign. That's like saying that Michael Jordan missed a 3 point shot during the peak of his career, therefore he should have quit basketball at that time. The superior competitors make mistakes and then pick up and keep going. I'll tell you this much. If Chambers resigned, I'd sell all of my Cisco stock that very same day.

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