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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Hank Stamper who wrote (480)	7/2/1999 12:53:00 AM
From: gdichaz	Respond to of 24042

To David: Your point can be argued in reverse just as well. When the market goes up, staying in cash is foolish, and a stock such as UNPH is where to be. Since no one has a clue what the overall market will do tomorrow, next week, next month or next year, trying to "time" the market requires an ability to predict which is rare if not impossible. Sure your approach will perhaps not risk much loss in absolute money terms, but in opportunity cost terms - an opportunity to make money - the loss can be huge. To each his own. Or you pays your money and you takes your choice. Or something. :-) Chaz

To: Hank Stamper who wrote (480)	7/2/1999 1:32:00 AM
From: cann11	Respond to of 24042

david what do you know about stocks!! Just keep on saying when the markets turn and bla bla bla , this stock will go down , please !!What about microsoft and all other stocks please!! The internet will change our lives its the greatest invention ever to have after cars and air plaines , p/e ratio is high ya !! But a p/e of 25 will never happen for these stocks , not within the next 5 years at least, so keep on saying whatever u want and ill see you in 5 years and tell you how much i made on jds. Cheers , long jdsuniphase

To: Hank Stamper who wrote (480)	7/2/1999 9:07:00 AM
From: Nichols	Read Replies (1) \| Respond to of 24042

David- Best of luck with your investments. Listen, of course this market will turn down. And then it will turn back up. I am not in this for the short term. I am not 80% invested cause we are in a bull market. I am invested cause over the long haul, I can expect a decent return. I have one question for you: where is YOUR money?