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


To: Hank Stamper who wrote (502)7/2/1999 10:13:00 PM
From: Nichols  Read Replies (1) | Respond to of 24042
 
David- I guess we could go back and forth forever. I gotta tell you though, most of my very best investments were stocks I bought at their "high". I could go back several yrs. I've been buying CSCO at its high for over 4 yrs now. Most recently, I bought more last month at $112 and last week at 62-close to their "high's" at the time. I bought MSFT/SUNW/INTC at their highs several yrs back. Most recently, I bought QCOM ($133), NTAP($48),and yes UNPH($151) at their high. I buy these companies not too worried if there is a pullback, even a significant pullback(I also bought ATHM at a high of $77-still waiting).I bought these companies because of I believe IN THE LONG TERM,they will go up. Of course they will go down-sometimes quite sharply. That's part of the game. But I didn't mind paying their "high" price; I want to be in the game, not watching from the sidelines hoping to buy on sale, a sale price that I've been waiting for may never come. My $.02. Lastly, UNPH is not a core holding of mine-yet; it will be very shortly.Take care,have a great holiday.