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

To: Hank Stamper who wrote (19329)	3/9/2001 11:25:55 PM
From: Robert	Read Replies (2) \| Respond to of 24042

I think you are mistaken in expecting a trading ralley. There has been a rapid adjustment of expectations. This is now a market for investors who are accumulating with a view to doubling money over a period of a year or two. This is not a retracement in a bull market. It is a new paradigm that opens opportunity to longer term views. I have resisted buying on expectations that a bottom has been put in place. There is no hurry, at least not over the next few months to a year. Businesses like Cisco, Nortel, Sun, Nokia, IBM etc don't suffer carnage likw we have seen without there being a substantial deterioration in fundamentals. Just because stocks look inexpensive on a relative basis, it doesn't mean they are. It is time to stand back and wait IMO. Robert

To: Hank Stamper who wrote (19329)	3/11/2001 2:35:14 PM
From: hamsandwich	Respond to of 24042

Hank, I have been feeling the countertrend rally coming, too. Perhaps we will see one after the expected selling on Monday. But, I am not great at picking market/stock bottoms. I have an occasional stroke of luck but more often than not I find it better to let the stock move a bit to confirm rather than trying to grab at the falling knife. Hence I sold when I saw strength. So far my call has been ok. Also, its much easier to concentrate on the day job when you don't have to worry about missing a bottom or a rally top. good luck, ham