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Technology Stocks : Oclaro, Inc. (Avanex-Bookham) -- Ignore unavailable to you. Want to Upgrade?

To: Netstockfiend who wrote (766)	10/16/2000 8:00:42 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 2293

<<What you are posting may be relevant to Dupont, International Paper or General Motors, but it has absolutely no relevance to the new, new economy. Did you see Juniper's numbers? Redback's numbers? Wait till you see Avanex's numbers!!! >> Who do you think those pumped-up blimps sell to, net guy? <If this market is rational, it's the Dow's turn to correct, but the NASDAQ, led by the younger pups, is the ONLY place to put the money. >> Nasdaq pe ratio is over 100. It is going much lower from here, net guy. CMTN may be a good value here, but avnx will just sell off on earnings release. Here's more re the upcoming downgrades - biz.yahoo.com trust me, analysts downgrades are going to kill the nasdaq. Victor