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

To: Mark Fowler who wrote (17797)	2/5/2001 5:48:52 PM
From: t2	Read Replies (3) \| Respond to of 24042

You mentioned up Csco again, all i'm going to say is i think Jdsu is a much better value and in position for growth than Csco . Actually, I am looking at Cisco earnings as the turning point. Cisco seems to be the last of the techs to release a bad quarter and/or near term outlook. Could be a turning point. Cisco may bounce but I would bet that stocks like JDSU and many other blue chip tech names can rally more as this last bit of nearterm uncertainty is out of the way. It may get bought up simply because it is a nasdaq blue chip. In addition, so many that have been nervous about Cisco earnings that it could still rally on even a slightly more positive outlook than the market expects. Just like you, I prefer JDSU; better value. Have lots of JDSU and very little Cisco. JDSU is also making the transition from a low revenue and high speculation stock to now more of a technology blue chip. That way, mutual funds can justify holding more of than they could in the past. IMHO, it has made this move to one of the Nasdaq blue chips and the PE has come down considerably while the growth still seems to be there. Another one that might be down and a buying opportunity could be SUNW that has showed no life this year at all while stocks like MSFT, IBM, DELL made gains. My reasoning for a bounce in Cisco also applies to SUNW. The "street" has known about the bad news for so long. Only the true, long term believers probably want to hold these stocks.