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Technology Stocks : JDS Uniphase (JDSU)
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To: BWAC who wrote (19948)4/3/2001 4:15:23 PM
From: Robert  Read Replies (5) of 24042
 
If you buy CSCO, SUNW, JDSU and NT at today's prices, I think you will be quite happy 2 to 3 years from now. These companies are approaching break-up valuations. The market was clearly overpriced, but things are getting just as out of whack on the downside as they were on the upside. There is a complete loss of confidence in the NASDAQ that has little to do with future prospects. SUNW is a very large franchise that is doing well. They are not going belly up, and from what I saw of them last week, buisness is pretty much as usual.
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