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Technology Stocks : Applied Micro Circuits Corp (AMCC)
AMCC 8.4500.0%Feb 3 4:00 PM EST

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To: Pete Young who wrote (1685)11/6/2001 10:37:33 PM
From: Raymond Duray  Read Replies (1) of 1805
 
Hi Pete,

Re: Kevin Kalkoven was the guy who took so many UNPH and later, JDSU investors to the cleaners.

Hmmm, I'm not so sure about his culpability in this regard. I got out of the stock shortly after he left JDSU. He was notorious and repetitive in the press (hint, hint) for his quip about his uncles motto: "to never leave a party before the booze runs out!" Thinking investors understood the comment, watched his actions and took their chips off the table in a timely fashion. Not to brag here, but my stack grew ten-fold. Kalkoven made a lot of money for a lot of us. Those who overstayed the booze are feeling the hangover. As they say about Wall Street, bulls make money, bears make money and pigs get slaughtered. <g>

Cheers, Ray
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