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

To: Trader Dave who wrote (1282)	10/14/1999 9:54:00 PM
From: FlameMe	Read Replies (1) \| Respond to of 24042

Great comments. Initiate a position now and add to it if the stock corrects. It's easier to closely follow a stock if you own it. Plus, there's often a reason for a stock to correct 20%-40% (market correction, new competitor, missed earnings whisper, etc.). As you say, the reason will make it difficult for many to buy when a stock is in a sharp decline. And if the correction is steep and scary, it will often come back very quickly leaving you a small window to take advantage. But, if you can buy when others are panicking, you almost always will make money. So far JDSU is holding up very well in this market decline. But, futures not looking good tonight. Regards, Ross

To: Trader Dave who wrote (1282)	10/14/1999 11:37:00 PM
From: Hank Stamper	Respond to of 24042

"You write like a rational investor, but your logic is almost as flawed as the mindless lemmings that say "buy buy buy! at all costs right now!!! right at the top!!!"' Thanks for the complement in the first part, ....I think. <g> Is not advice to buy now--real close to a record top--what I am advising against? "Sure, I'd love to buy last fall. I'd also like some of that Juniper IPO allocation, but I ain't gonna get either." Well, why did you not buy last fall? FO and the bandwidth growth phenomenon has been around for a long time. Ciao, David Todtman