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


To: John Waddell, Ph.D who wrote (7083)3/4/2000 10:11:00 AM
From: RR  Read Replies (2) | Respond to of 24042
 
Hi John:
You make some good points. I generally agree. I was in AOL and QCOM (still in some 01/02 QCOM leaps) at the time you mentioned.

I do believe, though, that JDSU has a lot more time to run. Consequently, I am not that concerned with the conditions hitting it for some time that you referenced. I posted last night that it might go another 10% this next week on a split run and then triple from there by Sept options expiration. Especially considering the past 6 months action, and such a good story line, such a move is reasonable even with a market cap issue. Maybe I'm too bullish.

I would think we have a good year ahead of us before I am going to worry about getting caught in the situation you described. I've been burned before like that which you mentioned, thus, your points are important. If I see that happening, I am pulling out quickly. I just think we have a long ways to go before we get to that point. I maintain an extremely bullish position on JDSU and keep adding to my call options on sizable dips.

You made some good points to think about. Thanks.

Have a good weekend.

Rick