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

To: Joe Giorgianni who wrote (13808)	10/31/2000 11:17:42 PM
From: Hank Stamper	Read Replies (2) \| Respond to of 24042

"It's just that the past week has shaken me as much as anything in my 15 years of investing in the stock market." Well, 2000 minus 15 == 1985. That was 3 years into the secular bull market trend that began in August 1982. The current market a "new era," and no one who began investing in 'post-1960s bull market blow-off/1970s secular bear market' time-frame has direct experience with the current condition. This _is_ different. Ciao, David Todtman

To: Joe Giorgianni who wrote (13808)	11/1/2000 7:10:04 AM
From: John Biddle	Respond to of 24042

The tough part is keeping you head while all about you are losing theirs. The more reasonable a person you are, the more opinions you read, the easier it is to think, "hey, maybe they're right after all... There's so many of them." Focus on what you know, how you know it, and if anything important is changing. What you saw last week wasn't irrationality, it was people whose investment agenda is different from yours. They aren't going away, and they will be back to raise this stock for you and take it down again, over and over. When I said that if it was easy everyone would do it, I meant that it is NOT easy. The ability to have the strength of your convictions in the face of a crowd yelling at you that you're stupid (the market not this thread) is not held by many, and many of those who do only look tough from the outside. Is the business trend that brought you to JDSU still in tact? You bet it is! In spades. There is great wisdom on this thread that can help you through the rough times. Your job is sorting that wisdom from the rest and then acting appropriately. Best of luck to you. In since August 98. John