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

To: Tunica Albuginea who wrote (10613)5/27/2000 3:53:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 24042
 
Tunica:

I don't know what the hell you are talking, but within 21 months of Robert Wade's statement, Disney stock had come down 82%! Perhaps the only way that you could have held on was if you had gotten Mr. Wade's crystal ball that told you that you will break even with the index some 22 YEARS later, and beat it 6 years after that!



To: Tunica Albuginea who wrote (10613)5/27/2000 3:54:00 PM
From: Hank Stamper  Read Replies (1) | Respond to of 24042
 
"Looking back, DIS,in 1792, at 70X earnings was actually VERY CHEAP,"

Excellent point. I believe the same will be made regarding JDSU 30 years hence.

However, not many people held on to DIS when it tanked in the downturn. Especially the mo mo investors.

Ciao,
David Todtman


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