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

To: SJS who wrote (8799)	4/13/2000 10:36:00 PM
From: 99Dan	Respond to of 24042

To the thread: Kevin Kalkhoven interviewed on Nightly Business Report tonight: nbr.com Click on "One on One with kevin kalkhoven, CEO, JDS Uniphase" Dan

To: SJS who wrote (8799)	4/13/2000 10:43:00 PM
From: t2	Read Replies (1) \| Respond to of 24042

Confidence has to return slowly so that people reverse the psychology of the last 2 weeks. Many lasting impressions were made this week. Many who now have "hard" losses, and paper ones as well. People won't be as reckless with their investments, and overall, that's probably a good thing. Steve, People do forget pretty quickly. If the market rallies for a 2 or 3 days, the money on the sidelines will go chasing the stocks that are good long term holds. Just like October 98, the drops will be a distant memory. This is not much different from that drop. That one was just as scary. I remember seeing lots of selling everyday, everywhere! The interest rates are still low and inflation is tame. With the drops in the markets, the economy may be slowing down anyways. Greenspan and company don't want people to think they are done with the interest rates but I doubt we will see the hikes most are forecasting once the April economic data is released in May----unless of course we are sitting at Nasdaq 5000 at month end. <ggg> Money for margin calls will eat into spending patterns. The wealthy probably spend a lot more than their fair share and may hold back a little. No wonder AG was targeting the stock market. If the stock market is hit, the spending drops (no inflation)and there is no need to raise interest rates. I don't believe his public remarks about not targeting the market. I don't believe the idea that rate hike have nothing to do with the market. I bet their private conversations among themselves are much different from what they say publically and that is very understandable. Again, I think mending in the market can be pretty quick just as the corrections have been. If the mending does happen at 3500 or so, one would think that funds will deploy their cash to beat the rush into stocks, just as there was a rush to get out of stocks. If a rally is very realistic for year end (which i think it is), there will be a race to time this market before it moves up significantly. I am betting funds have a lot of cash on the sidelines this month.

To: SJS who wrote (8799)	4/13/2000 10:44:00 PM
From: N. David Lessani	Read Replies (1) \| Respond to of 24042

Dear SJS: I am sorry you became so pessimistic. Hedge funds are selling, institutions are selling and individuals are selling due to margin calls, Where does all this money go??. Believe me ,money sitting on the side line. Wall Street has sheep mentality, they all want to buy at the same time!. I understand there were huge euphoria in the market mainly. .com types and biotech. A lot on naive investors taught if they buy a humane genome company , company will make a drug which CURE cancers in 6 months. It will takes years if not decades to make drug one can use in every day medicine. There were buying hope, they were not investing.

To: SJS who wrote (8799)	4/13/2000 10:48:00 PM
From: Kent Rattey	Read Replies (1) \| Respond to of 24042

Thread pep talk: What is interesting to me through all the turmoil is everyone seems to be running around trying to figure out the bottom. Well, those members of the human race with decent short term memories know, because we hit it last week. That being said, we are very close, again. The big money will step in soon. It is not different this time. The players know trailing P/E is BS with growth. When JDSU hit 80 last week, people were all over it like a cheap suit. If it hits 80 again, don't worry, they will be all over it like a cheap suit again, and it won't stay there long(a nanosecond like last time). Don't sell at these levels, the risk is far less than the potential reward.