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Technology Stocks : SDLI - JDSU transition -- Ignore unavailable to you. Want to Upgrade?

To: BDR who wrote (1026)	4/2/2001 10:29:34 PM
From: OWN STOCK	Respond to of 3294

Dale: Similar to Kayaker and Pat, I am busy building a large redwood swing set / fort for the kids to keep my mind off the short term market (at least on the weekends). Only my day job keeps me checking in. For those who question my rationale, I am aware the large fund money managers have decided the fate of this sector for the next few months, based partly on desire to punish AG for having the audacity to cut rates slowly, but mostly to position themselves for discount purchases of long term gains. It certainly has little to do with real business, which continues almost as well as it always has...just the numbers are real now...(buy on rumor, sell on news?)... As the best indication of their intent, they completely ignore good news and common sense, just like last year when they could not hear any bad news or common sense. As a small investor, my strategy is to buy and hold long those stocks that are on the certain road to the future (fiber optic component makers like JDSU). I think it was gbh that questioned the cash flow in communications. Someone (on this page?) pointed out their monthly bill for communications as follows: $50 for their cellphone, $50 for their cable or satellite TV, $40 for their DSL line, and $60 for their fixed phone...or almost $200/ month...just at home. That is a long ways up from the $15-25 / month from a few years ago for a phone with long distance charges. My monthly communication bills (which I pay) today just about equal my health coverage bills (the bulk of which my employer pays)...and I think that the trend will continue... So they will not be able to lure me to health / bio stocks to pick up my comm stocks for nothing...and then dump the health / bio for nothing... -Own