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


To: djia101362 who wrote (10109)5/9/2000 6:39:00 PM
From: t2  Respond to of 24042
 
As I keep hearing these conference calls (like Cisco's), one gets more confident of the prospects for JDSU.

About the market--I agree that too much bearishness should be bought. I believe as get more indications of lack of mutual fund redemptions, investors will realize the individual does not panic.

It is just a matter of timing this buying from now until the end of the summer. IMHO, it is safer to buy now.



To: djia101362 who wrote (10109)5/9/2000 7:31:00 PM
From: Jeffrey James  Respond to of 24042
 
Statement: I have never seen such overwhelming bearishness

Reply: You didn't invest in the 70s.

Nobody wanted stocks then. Every reason for owning stocks had been shot in the head. Real inflation (not like today's fear of inflation) destroyed everyone's life savings. Today's bearishness trivial. It is either temporary or the start of a deep down trend.

I admire David for acting on his convictions.

To: David Todtman who wrote (10108)
From: djia101362 Tuesday, May 9, 2000 5:11 PM ET
Respond to Post # 10109 of 10111

I have never seen such overwhelming bearishness for as long as I can remember. I'm not referring to this board but to the investing community both professionals and individuals.

You didn't invest in the 70s



To: djia101362 who wrote (10109)5/9/2000 8:38:00 PM
From: Hank Stamper  Read Replies (1) | Respond to of 24042
 
djia,
My 2c on 'bearishness':

I only have to take myself back to the spring, summer, and fall of 1998. There was a great deal of discussion--on CNBC, other financial media, and from my friends and co-workers--about how bad the situation was and how there could really be a recession or worse. Remember? There was even talk that if the Fed didn't do something, there could be a very hard period of disinflationary recession or even a depression!

I also remember the palpable fear when the markets all crashed in 87.

Now. Oh, people are upset. Sitting on the sidelines. General fear in the population? Nope. Not by a long shot. The real bear will stand up when there is widespread talk of how the market has tanked and how bad the economy is getting or is going to get. The real bottom will be accompanied by sentiment that says 'stocks used to be a good investment but we're in a new era now.'

Best,
David Todtman



To: djia101362 who wrote (10109)5/9/2000 10:11:00 PM
From: N. David Lessani  Read Replies (1) | Respond to of 24042
 
<<It's almost as if everyone has taken on the personality of Barton Biggs.>>

If too much euphoria was bad for the market then, may be too much pessimism is not bad for the market now. My main question is all baby boomers are approaching retirement age in about 10 years, Most young people are participating in 401K retirement account ( five in my own family). We all heard huge amount of money is coming to mutual funds and individual retirement accounts, Where all these fund go ,it can not all evaporates!.



To: djia101362 who wrote (10109)5/10/2000 12:02:00 AM
From: Boplicity  Read Replies (2) | Respond to of 24042
 
dj, You are going to get a indication of the health of the market soon, like Wed.. If the market fails to run after CSCO earnings then further selling will be needed.

Greg