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Technology Stocks : JDS Uniphase (JDSU)

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To: Cary Salsberg who wrote (21422)8/28/2001 4:23:38 PM
From: Timetobuy  Read Replies (1) of 24042
 
That's one reason I'm not buying the stock right now. I personally think estimates are too high which makes historical trough valuations even farther away. If I were to buy at 3-4 per share, I might get even more downside, but much closer to the bottom than now.

I don't mind buying at 8. I don't want to see this stock go to 2 and stay there for years, though. I'll take that chance at 3-4, but not at 8.
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