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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (9689)	10/25/2000 9:30:48 AM
From: Dalin	Read Replies (1) \| Respond to of 65232

..Just what is Extr..Jdsu..ect ect worth...really worth..Plz explain to me Got to be better then the likes of AMZN...geez..... :0) D.

To: Venkie who wrote (9689)	10/25/2000 9:54:51 AM
From: SecularBull	Read Replies (1) \| Respond to of 65232

Buying JDSU this a.m. LoF

To: Venkie who wrote (9689)	10/28/2000 7:34:29 PM
From: RR	Read Replies (1) \| Respond to of 65232

Hi Venkie: Well, they are worth what the market makes them worth based on the price folks will buy/sell. You know that. One thing that I stopped doing long ago was trying to figure out what a stock is worth and square rooting that question by looking at the PE, etc. I don't even care what the PE is anymore. Granted my time horizon is much tighter than most. 6 months to me is long term, and I only invest in options, so my view is different. You mentioned a casino. I do not at all consider the market a casino. I don't gamble with my investments. I use my brain and hard work to determine the best thing to do. That makes a difference. I consider every position I take in the market an investment. While some see it as a casino, fine, but I sure don't. This past week sure has given us some great opportunities to invest in some positions that I think will have great returns going forward. Hope you are having a great weekend. Good luck. RR