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

To: lawdog who wrote (8783)	4/13/2000 8:47:00 PM
From: BigDaddyMac	Read Replies (2) \| Respond to of 24042

well gang, I was at my brokers and watched atleast a minimum block of 500k to 750k shares go through in the last 45 minutes. They just chipped away at it and it wouldn't go away. I was sick to my stomach. It wasn't reported on the wire at the time, but there was 1 massive block being sold, hopefully it is over with but who the hell knows right now. with all the analyst saying different things, this is turning into chaos selling mitchell

To: lawdog who wrote (8783)	4/13/2000 9:09:00 PM
From: Jeff Lubin	Respond to of 24042

JDSU is going to be a monster. Unfortunately, the selling going on here has little to do with any particular company. Its the combination of higher rates clashing with current PE's mixed with a market that has climbed very high, very fast. So what to do? If you jump out, with maybe most, or maybe half the damage done, when do you get back in? So patience is the game. Who here hasn't counted their chickens at thinking about getting rich in a hurry at the current pace. We hoped, we dreamed, but the reality is that gravity is working hard against such a pace. We all couldn't get rich at the same time. The market timers who can read the trends, get in and out quickly and avoid taxes are the winners. The rest of us must be content with the real worlds, over time, 12 percent a year market average. After going up 100 plus in a year, a give back of major proportions is happening to all in 100 percent tech. I am half and half with a major stake in the middle with aol which is now getting its butt kicked too. So smile, and wait for the rain to stop. Of course, markets wait until everyone is drowned first..