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To: Mannie who wrote (1263)5/31/2001 2:27:51 PM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
<<Doesn't seem sustainable, NAZ valuations are quite high, earnings low and investors nervous.>>

Yep, you got that right...lots of nervous investors.....but at the same time, there are alot of folks that would love jdsu at $15 - $20 and ntap at $15 - $20 and sunw at $15 - $20, and so on.......if your thinking is long term, do you pass on jdsu at $15 or ntap at $15?? Are these folks nervous they may miss the next leg up....I remember passing on extr at $12 cause I wanted it at $10.....next thing I know it's at $37.......now of course, I wish I had bought at $12, instead of trying to scalp a few points.....common sense told me that extr is a solid company and even if I buy at $12 and it goes to $6 short term...long gterm, it is hopefully higher, so in hindsight, trying to scalp those 2 points cost me the stock.......



To: Mannie who wrote (1263)5/31/2001 2:50:20 PM
From: Venkie  Respond to of 13815
 
the money has to go some where...recovery will come in cap spending.