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


To: Jack T. Pearson who wrote (9338)4/21/2000 12:34:00 AM
From: Hank Stamper  Read Replies (2) | Respond to of 24042
 
My 2c:
I agree with the point about the strength of this company and its future. That, however, will not help now. When the Titanic went down, it took the greasy engine room rags and the grand staircase crystal chandelier .

It was easy to make account gains on such a strong company in a bull market. Even easier in a market bubble. This is a bear market now and the rules call for a few odd days of sharp downward movement; maybe even a crash. Mostly, however, slow grinding to lower levels. Rallies in bear markets are often sharp and explosive. Hope returns. The power of the rallies tends to "trick" investors. Then, the grinding begins again.

I hate to write this, but it is what I see.

With regard,
David Todtman

Ciao,
David Todtman