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To: GROUND ZERO™ who wrote (4481)	6/14/2001 10:44:58 PM
From: robert b furman	Read Replies (1) \| Respond to of 4583

Hi Gz, The only stock I've bot this week has been "add to's" at the price I purchased them before at. Once they popped - I felt like I should have been more aggressive in accumulation. I bought Oracle at 15 3/4 and 15 1/8 months ago and now doubled up at 15.55. One exception was Sbse,they announced better than expected orders and popped to 23 - I bot some at 19.61 today and then the darn stock cratered to 18.51. Only added 40 % of what I wanted so now I'm realy gonna lo-ball it to average down ( current average is 15.50). I'll probably get hard headed and miss it. I'm drooling about JDSU - yesterday they canned a key manager-today they warned and wrote off 225-250 million in inventory. My largest holding KVHI is about to make a lot of their stuff obsolete and I think they see the writing on the wall. Macho manager kept manufacturing in the face of a slow down and then come out of the ether. In any business inventory turn is the sacred scroll. Big inventories NEVER mean anything other than BIG EXPENSES. Just the cost of money assures this - add to that the cost of obsolecence (in a technology world that morphs every 3-6 months) and poor management a sleep at the switch can kill you 90 days later. Write it off - discount it and maybe 6 months later you can surprise with a recovery sale from the write - off. MAYBE. In between expect a trip out to the woodshed and POW !! Once again great values are being slapped on some of the great technology leaders. Me I'm patient, and buying when everybody is selling, gulp! Bob