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


To: zbyslaw owczarczyk who wrote (15765)1/3/2001 10:27:19 PM
From: t2  Respond to of 24042
 
Z, I don't think Cramer is up to that. He is placing his bets on old economy and financials. Financials may be just as good as tech but a little safer according to him. His reasoning for buying these types of stocks is pretty good.

He just disagrees with the guys picking optical stocks. That is all. Of course we disagree with him. Most of us here think optical will still be big even with the higher PEs.

His performance in 2000 of about 35% does not make him any genius. He just had the "hot hand" in a down market.

He is still pretty good in reading the market pulse but he can be "wrong" as well. The idea of any kind of conspiracy makes no sense to me.

IMHO, he is still a valuable source of information to use. Don't always have to agree with him.