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

To: Tunica Albuginea who wrote (19957)	4/4/2001 12:49:45 PM
From: ColtonGang	Read Replies (2) \| Respond to of 24042

EMLX...., Emulex (EMLX: news, msgs, alerts) ... yes, the Emulex of "press release hoax" notoriety. Unfortunately - a "this is not a hoax" release hit the tape on February 5th followed by a similar market reaction. But, according to Cohen, the long view looks very strong. Emulex is going to have great growth going forward - now is a great time if you're looking long-term." "We do need to see how deep or low this earnings slowdown will go," he cautioned. "Because Emulex probably won't recover until capital spending increases ... but if you want something that will really benefit from the economic recovery and want to use this earnings slowdown as an opportunity to accumulate really good stocks at good prices, Emulex would have to be one of those companies