JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: uu who wrote (21054)	7/31/2001 11:35:37 PM
From: Cary Salsberg	Read Replies (3) of 24042

During the famous tulip mania, the price of a tulip bulb reached the price of a house. When the price fell so that is was no more than a horsecart, was that a bargain and a time to buy? No! Don't make blanket statements about tech values. Pick specific stocks and use historical data to get a ballpark on their future prospects. We have witnessed a couple of years in which the market was dominated by fools and charlatans. To a large extent, technology stocks are still overvalued. The investment community has been afraid to take an unequivocal stance on techs. They are able to identify business failures shortly before or, sometimes, after bankruptcy, but they have been hyping the recovery and pushing overpriced leaders.

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