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


To: lawdog who wrote (8517)4/7/2000 5:43:00 PM
From: t2  Respond to of 24042
 
the bull seems to have survived the greatest precentage decline in Nas history.

Not only that, they are developing more confidence in the tech sector. Next time it dips, the buyers will be even more aggressive in picking up bargains.

That is my reasoning why the charts don't tell the true story.

More Importantly the the BEARS that that had converted to being BULLS are now back to their BEARISH comments about the tech sector. That is a sign that things are back to normal for now.<ggg>

That is my take on it.



To: lawdog who wrote (8517)4/8/2000 7:13:00 AM
From: Tecinvestor  Read Replies (2) | Respond to of 24042
 
But, the bull seems to have survived the greatest percentage decline in Nas history.

I'm not certain whether a big hit will happen again, but one thing I am certain of and that is, if it does, it is a healthy thing. This market separates the wheat from the chaff. When big drops occur, investors come out of the weak, undesirable companies (to which they never return) and invest that cash in strong companies, ultimately driving the price of those strong companies still higher. IMHO, there is no truth to the argument that "technology is dead." Technology is where it's at, and will be for years to come - if you stay with the leaders - like JDSU.