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Strategies & Market Trends : Groundhog Day
QQQ 611.67-1.9%Nov 6 4:00 PM EST
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To: mph who wrote (3962)5/9/2002 11:40:10 PM
From: Outer-limits  Read Replies (1) of 6346
 
<Since JDSU closed at 4.15 today, you've lost
nearly half your investment, and what you
have left is dead money until a miracle
happens or you take the loss.>

Well, if you had purchased CSCO a few months ago around 20, you would have lost about 25% of your investment. Buying JDSU this low just makes good business sense. The spending depression in telecom will eventually come to an end. When it does sometime in late 2003 or maybe 2004, JDSU should be back up into the 20s. I'll take a 4 to 5 fold increase in my investments any day of the week, and twice on Sunday!!
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