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

To: gbh who wrote (15206)	12/22/2000 3:50:53 PM
From: Jill	Respond to of 24042

I went long today.

To: gbh who wrote (15206)	12/22/2000 3:58:01 PM
From: Stocker	Respond to of 24042

One crude indication of a bottom would be if what seems like very bad news comes out and JDSU goes up, not down as you would expect. Then you know the bad is priced in.

To: gbh who wrote (15206)	12/22/2000 5:21:04 PM
From: 16yearcycle	Respond to of 24042

I could not disagree more. Growth will not slow to 30% per year, unless you are looking out from 2000 through 2030.(a liitle tongue in cheek but I think we can pretty sure of 60% for a few years. Do you think this market is looking out years? BWAAAHAHAHA)You want to buy businesses that are growing at 100x for pe's of 40. Look, this has NOTHING to do with fundamentals. Cien was up big. JNPR was up 30 today and sdli was down 10. Doesn't that clear things up for everyone? Things that are moving up, keep moving up...it doesn't matter why. Likewise on the way down.