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


To: Shaw who wrote (1365)12/19/2000 10:43:44 AM
From: robert duke  Respond to of 2293
 
I really agree to the entire thing. This is how the money is really made. By buying cutting edge tech and holding it for 5 to 10 years. All we really need is a few ofthem toretire rich. pmcs, avnx, brcm , brcd, jdsu.
If I were to guess how much each stock will shoot up over the next 5 years this is what I would guess on current information and past history.
pmcs 2500% in 5 years.
avnx 5000% in 5 years.
brcm 2500%
BRCD 2500%
JDSU 1500-2500% in 5 years. Less only because it is so big already.

Well this down trend should rally sooner or later, we are putting in a double bottom on these down trends. I never thought I would see my favorite stocks at low prices like this. And to think this will not end until next dec. This is far from over. I think we will get a huge rally in the the late spring starting soon and then a major retest of the low 2000 and maybe 1800 range on the nasdaq. The dow might drop below the 10,000 range one last time.
This is when the bottom will be reached.
And the good thing about this bear market is that is weeds the old tech out and confirms the new. Because if those 5 I have listed will be good in the future then none of them will miss any earnings expectation, If they do you would ot want them anyway. Example tern was on my list of ten stocks to have for the run up after the bear market. But it missed earnigns so I droped it off my temporary list. It is not in the top ten and I will not add it back on. TIme to look for others.