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

To: artemus who wrote (6287)	2/14/2000 2:37:00 PM
From: t2	Respond to of 24042

Art, Since about all we can do is time when we buy and when we sell, I submit that if you are 70% right on your buys and 70% right on your sells, you are losing money. You have to do better than that. I might have made a confusing statement. I was referring to price targets. If I expect a $50 price move up and I get only $20 within a short period of time, I count that as being WRONG although I don't keep stats on my guesses. My returns have been pretty good. I don't trade that frequently. I like to time moves at the right time. Sometimes I prefer to stay in a stock just fearing that if i mistime it,i would lose out on a lot of gains. That is refuse to time JDSU like some others. I plan to time NOK and Cisco in the near term but won't consider JDSU.

To: artemus who wrote (6287)	2/14/2000 9:40:00 PM
From: N. David Lessani	Respond to of 24042

Don't pick on t2: t2 is doing a good job on this thread. After 30 years of investing, I learn one thing ,if one is right 70% of the time on buying or selling, then you make good return on your investment. You are not staying too long on your losers and you you are not too late to sell on your winners.thus you are not violating the cardinal rule of investing and Wall Street. JDSU is great stock and at this time also is darling of Wall Street when the big money rules. Regards, Good luck all longs