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


To: Kayaker who wrote (13635)10/27/2000 11:03:18 PM
From: Hank Stamper  Read Replies (1) | Respond to of 24042
 
"because if JDSU is 150 in 4 months, all of those folks will be saying what a great opportunity 65 was"

This may not be too popular but....

"Blind Faith Can't Save Overpriced Stocks
....
You can own the stock of a great company but still pay too much for it. ....
A stock you bought at $80, which rose to $120 but now sells for $30, may still be overpriced.
It's human nature to think that a stock once worth $120 will eventually sell for that again. Behaviorists call this ``anchoring.'' We anchor ourselves to a price, as if it were guaranteed...."

sfgate.com

Ciao,
Hank Stamper