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Technology Stocks : JDS Uniphase (JDSU)
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To: techanalyst1 who wrote (20908)7/27/2001 7:56:26 AM
From: michael97123  Read Replies (2) of 24042
 
Tech,
The same genius's who say 12-18 months are the ones who couldnt see the freight train moving at them at 100 miles per. They may be right this time but there is no reason to take their word as gospel. But even if it takes that long, lean and mean survivors will prosper in '03.
Nasdaq futures up today. LSI ceo who early on predicted this recession says 4th quarter will be up for chips. Once the inventory is used up, recovery occurs albeit with continued price pressure and then shortages develop. mike
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