JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Jacob Snyder who wrote (21429)	8/28/2001 4:19:39 PM
From: Timetobuy	Read Replies (1) of 24042

The difference is: Now we have a bear market, ALOT of overhead resistance, estimates that are coming down, not going up, and sales that are lower than last year. Those things will cap the upside on jdsu for now. In the meantime, the company is tightlipped. If they could come out and say one good word, the stock would probably stabilize. But they don't. Analysts don't come out and defend it to any degree either. So, why buy now? I don't see that it's going to run away from me. I can wait and if I miss THE bottom, so be it. If I buy $5 above the bottom, there is plenty of upside left.

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