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


To: larry who wrote (19799)3/28/2001 4:06:06 PM
From: t2  Read Replies (2) | Respond to of 24042
 
larry, I guess you are not buying the tech sector at all. Are you investing in anything at this time?

I am waiting for my "trading" opportunity. I still think the PC sector in tech is the safest (relatively speaking of course <g>).

Cisco....no debt and no inhouse manufacturing. I wonder what that does for profits. They won't report a loss like NT and if they do, it will probably be a one quarter occurence. Just a question of when we hit the valley and how much Greenspan cuts rates.

For now, I am taking a wait and see approach.

BTW--larry, you were right with your calls; What do you expect the Naz to hit.



To: larry who wrote (19799)3/28/2001 4:18:21 PM
From: uu  Read Replies (3) | Respond to of 24042
 
> Hats off to the broker who put a 6-12 dollar fair value on this highly inflated issue.


Which issue? CSCO, or JDSU?!

We are getting very close - if not already there - to the irrational undervaluations and pessimism! Markets are driven by fear and greed. Take advantage of the fear to gain from its greed later - and later is sooner - much sooner - than everyone thinks.

I have started hearing people calling Nasdaq to drop to 400, and stocks such as CSCO to drop to $2-$3/shr, and JDSU to $5/shr. This is great. The more we hear about these claims the better and sooner to get out of the whole we all are in.