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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (7563)9/8/2001 3:40:43 AM
From: pls418  Read Replies (1) of 23153
 
kodiak bull,
The point was not comparing the oil business to tech. The point was simply that at the bottom of any decline they say its dead and probably will not return for years, as they did in oil and are doing now in telecom. As for the 25% average you are assuming in that 4 year span that there were profits in the first 3 years and you are compounding. Besides that it was just an off the hand statement, I find it hard to believe anyone would make an issue of it as far as JDSU there is a whole lot of difference between paper loses and actual cash loses. Check your own web site and scroll down to quarterly earnings surprises. yahoo.marketguide.com as for me I am far to busy for this. Take care.
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