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


To: Nichols who wrote (12660)9/15/2000 2:57:17 PM
From: t2  Read Replies (1) | Respond to of 24042
 
There is so much bearishness out there. I can't believe everyone that CNBC brings on during the day is say negative on tech. Is this a great contrarian indicator?
I am not so sure but I think the time of year is better than what was the case back in April. More money piling up on the sidelines and in other sectors that a decline in tech will bring out a lot of buyers. All these bears and their followers must have already lightened up anyways.
We could be oversold on the Nasdaq--i think.
Trying to figure it out.



To: Nichols who wrote (12660)9/15/2000 3:00:36 PM
From: t2  Read Replies (2) | Respond to of 24042
 
I've held JDSU for 1 1/2 yrs, and obviously quite pleased with my return so far. And since I can't time things at all, I plan to hold this King (possible Gorilla) for a very long time, knowing that I will have wild swings, and CSCO-like declines of 50%. But in the long haul, patience will be greatly rewarded.

Amazing! You got into JDSU 1 1/2 years ago. I am always impressed by people who saw this as a great company way back. I am very happy for you as it was a good move. I was more into PC related stocks back then.

I still long term JDSU holders will be rewarded big time. I am just trying to time my big purchases without losing out on some gains in other stocks.