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

To: Tunica Albuginea who wrote (19340)	3/10/2001 1:54:11 PM
From: Tunica Albuginea	Respond to of 24042

OT/fyi.......larry..........recommended against investing in biotechs.............at least for now... ( correction is for Florida residents that didn't get the joke the first time since they don't know larry.......) Message 15345618 ....) just going on past experience.... donkeybusiness.com VBG TA

To: Tunica Albuginea who wrote (19340)	3/10/2001 5:09:38 PM
From: larry	Read Replies (1) \| Respond to of 24042

I am sticking to my price target. It will happen. My bearish view has nothing to do with my purchasing biotech issues. I know what all these companies are doing and believe that about 5% of those can really be successful in the long run. My bearish view has to do what I have been thinking in the last 3 years. The irrational exebuence won't be erased until the valuations of the market leaders go back to history values. And actually I am very generous about the valuations of these issues because we are going to see a long period of stagnant or negative growth on them. I am doing pretty well since last October (actually up 15% since then) thanks to my correct reading on the fundamentals of the market. larry!