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

To: Chris Stovin who wrote (946)	9/6/1999 4:53:00 PM
From: Glenn McDougall	Read Replies (1) \| Respond to of 24042

***OT*** I have talked with a number of JDSU posters and many are also in QCOM. I found this post from the gorilla thread interesting in so far as food for thought when we hit the air pocket with JDSU. <<To: Uncle Frank who wrote (6013) From: Uncle Frank Sunday, Sep 5 1999 12:37PM ET Reply # of 6041 Any of you concerned over Q's dramatic fall from 198 to 163 3/8 should read John Hayman's post from the Q thread: >>>>>>>>>>>>>>>>>>>>>>>>>>>> Just to keep thing in proportion...on Aug. 26 we hit the all time high of 198, then on Sept 2 we hit 157. That is a 20.7% drop in 5 trading days. I must admit that a 20% drop is a shock to one's portfolio(if you are in the club), but......for those of you new to the Q, look at May 13. On may 13 we hit an all time high for that time of 119 3/4. Then in 9 trading days, May 26 we hit 86!! This is a price drop of 28.1%!!!!!!!! The funny thing about this, I bought more q on May 25, at 94, this being my last buy. ( This all pre-split prices, which would make my buy at 47). At that time, it was the end of the world for the Q! Then for all of you real old timers, go back a tad more....on April 14, we hit 177, and 4 trading days later, April 20, we were bouncing off of 123.....this being a 30.5% drop. Again, it was the end of the world for the Q, and investors were coming on the boards and saying all long term holders were fools, and the stock was going back to the basement. When Dr. Jacobs said "the fun has just begun", I really don't think he meant for just a few months!! We have years and years yet to make money. Maybe the price will go down more, maybe sideways, but I think most of us know where the future will take us. John>> Regards Glenn