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


To: larry who wrote (19109)3/6/2001 9:14:06 PM
From: t2  Read Replies (1) | Respond to of 24042
 
Larry, I am going to take any rally we get. I don't think it is possible to hit 1500 on the Naz.
The economy would have to hit a very severe recession. Right now i am willing to take my chances on tech stocks that have reasonable valuation. Also considering taking a chance on JDSU but there are many other opportunities out there to choose from.
Also need to remember that if the company earnings are poor for the next 3 quarters, comparisons are going to get easier next year...and growth rates will increase quite easily.

Of course, if we get a big rally for a few weeks..i might lighten up a bit, otherwise I am willing to take my chances but with a longer time horizon.

Lets see how it unfolds.