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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (12474)2/18/2002 10:37:43 PM
From: pls418  Read Replies (3) of 23153
 
Kodiak Bull you said and I quote "tell me in 35 words or less how it proposes to eventually make money, not what it makes but how it intends to make money" I guess I can do it in three words, they already do. Bull I ask this in a nice way, why do you say companies are losing money when they are not? Some months ago in response to a stock I mentioned you said they were losing money and I corrected you, just a few days ago you said Flextronics was losing money and I corrected you, NOW jnpr which is projected to make 18 cents this year and 35 next year and as of September 30th 01 which is the last cash flow statement I looked at they were positive. when I hear talk of the death of telecom it reminds mean of when oil was $10 a barrel and was supposed to be headed to 5 never to return. Other stocks that are making a double bottom are CIEN,JDSU, I'm the first to admit I know nothing about technical analysis but what you need to know to make money in these stocks now is simply which ones will survive and I for one wish I was a lot better at reading and understanding balance sheets because if these stocks are not at there lows they are close and if the market rallies they'll come roaring back, no not where they were during the bubble but three to four times higher than where they are now and if things take a little longer than I think that's where the survivability comes into play I personally had a lot of fun from last September until December playing not only the telecoms but other technology stocks to, Flextronics up 150 percent Cien up over 100 percent JDSU well I'd have to look back on that one but it must have been close to 75 or 80 percent and yes JNPR to. my point is not all the telecom companies are going to go broke those that survive their will be a lot of money to be made, now is the time this board should be figuring out which ones will survive and start placing their bets. Take care
Steve
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