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Technology Stocks : JDS Uniphase (JDSU)
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To: Jacob Snyder who wrote (21429)8/28/2001 5:30:12 PM
From: larry  Read Replies (2) of 24042
 
Jacob,

Thanks for the homework you did on JDSU. I am thinking about going long on JDSU at 5, if it goes there this Oct. But then the fact the overcapacity in fiber field is really a huge concern to me. And the rich valuation of the market, especially top tech names does not help. It's not a cheap stock at 5, but I guess with decent luck, it can go up to 10-15 within the next 2-3 years. The chance of JDSU filing chapter 11 is slim, so far.

good luck,
larry
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