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Technology Stocks : SDLI - JDSU transition -- Ignore unavailable to you. Want to Upgrade?


To: K. Bloomquist who wrote (462)2/28/2001 11:40:20 AM
From: Hawk  Respond to of 3294
 
Geez, it almost feels good to find out I'm not alone.
Good post.

H.



To: K. Bloomquist who wrote (462)2/28/2001 1:10:14 PM
From: Dale Baker  Read Replies (1) | Respond to of 3294
 
Bloom, I am a huge fan of fiber optics but I mostly buying LEAP 2003 calls in the sector. Short-term the only way to survive fully invested is banks, healthcare, homebuilders, energy, etc.

Those are companies that make your life work and make your life better in many cases - just like JDSU.

I can see avoiding some. I don't invest in tobacco (as an ex-smoker). But to rule them all out? You should reconsider, IMHO.



To: K. Bloomquist who wrote (462)2/28/2001 9:17:51 PM
From: EepOpp  Respond to of 3294
 
re> word of wisdom? It was really more a matter not having a plan to reduce risk rather than that of picking the companies that you did. And believe me, i do think that it is important what companies you pick. But I was just as guilty as all the other knuckleheads who thought that things would keep going on and on despite warnings from the bears.

think of it like Vegas...you never know if you're going to have a streak of 100 wins or 100 losses. But you should prepare for things just in case any scenario happen at any particular time. Take profits at reasonable price points and buy in when things seem low. And if you happen to time things wrong, it's okay. Just don't bet the whole wad and stop thinking. (It's a long-term buy and hold so PE ratios be damned). Always keep a little of something in play in either direction but use common sense.

anyway, i think i'm writing this more for myself than you so i'm sorry if i seem to rambling.

Good luck.