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


To: McNabb Brothers who wrote (19352)3/10/2001 8:59:11 PM
From: larry  Read Replies (1) | Respond to of 24042
 
Hank,

Thanks for the kind reminder. I am not shorting anything so my worst nightmare is that I will miss out the early stageof the next bull market rally, or should I say the next bear market rally. I am mainly in cash and am not interested in tech as of now. As far as DOW goes, it's overvalued and lots of pharm issues like MRK, PFE are way over the top. AMGN is trading at trailing P/E of 65. What the heck is that? Among all those biotech companies, there will be a few star winners within the next ten years. A 20-30 fold cap increase is not out of question. However, the biggest Q is which one is going to be the lucky one?

good luck,
larry!