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


To: t2 who wrote (14401)11/28/2000 9:08:37 AM
From: Baton  Read Replies (3) | Respond to of 24042
 
t2 - I nominate you as the #1 bull on SI. Can you get the fund managers to start buying?
I looked at the cash positions for all of my mutual funds over the holiday. Many of them had 12-14% or higher cash. When this tech wreck finally turns around, that cash - coupled with short covering, should make things very interesting.
Baton



To: t2 who wrote (14401)11/28/2000 11:07:25 AM
From: Bill Holtzman  Respond to of 24042
 
I'm still looking for CIEN to join its buddies on the trash heap. I don't think we can start back up until we've knocked the stuffing out of every high multiple stock. Only then will the virulent bears start getting bored.



To: t2 who wrote (14401)11/28/2000 11:37:17 AM
From: pat mudge  Read Replies (2) | Respond to of 24042
 
It may turn out to be the last buying opportunity for the year.

There's lots of time to buy. If you want to pick an exact bottom, that's one thing. But I'd rather lose a few points and wait for the market to move up convincingly.

With lots of money on the side and the Fed set to ease, it'll happen.

Pat