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Technology Stocks : JDS Uniphase (JDSU)

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To: robert b furman who wrote (20939)7/27/2001 8:14:57 PM
From: sea_biscuit  Read Replies (2) of 24042
 
Oh, God! People are still talking about the next-generation gizmos. That means the tech bear-market is still not over...

As for stocks like this -- either stay away from it, or trade it for short-term gains. No point in shorting it, since it is quite close to zero anyway.

Don't think of this as a long-term investment. After a few months/quarters of trading resulting in periodic gains and losses, eventually the investment community will get tired of the stories and move on to something else. A year or two from now, it will be history.
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