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


To: Tunica Albuginea who wrote (19420)3/13/2001 4:58:54 PM
From: t2  Read Replies (1) | Respond to of 24042
 
TA, Also heard that CSCO's Chambers mentioned that the market will grow 30% to 50% in the coming years but it is possible a competitor could be a leader.

That was interesting to me; and an important point. As long as the business market can grow, the stock market will find the winners.
The overall growth in the market is more important than the success of any individual company. That is what really lifts stocks within sectors and the tech stocks in general.



To: Tunica Albuginea who wrote (19420)3/14/2001 7:06:34 AM
From: larry  Read Replies (1) | Respond to of 24042
 
TA,

I am not discounting CSCO's competitors. I am just using
CSCO, the once most admired companies that GOD ever
created, and the best at manipulating its share price
to discuss how dangerous or devastating it can be to
buy a leader at no brainer discount price. I shorted
CRISCO yesterday after close and will cover at the open
this morning. But I firmly believe that CRISCO won't
bottom out until it goes down to 14. Heck, ROME was
not built in a day and the biggest bear market in NAZ
history won't run its course without leaving all momo
plyers dead.

larry