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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: John Trader who wrote (47987)6/15/2001 11:30:13 AM
From: Proud_Infidel  Read Replies (1) | Respond to of 70976
 
John,

That is about as contrarian as you can get and is probably not for everybody. One thing I know for sure is that waiting until JDSU is everyone's favorite stock again is not the right approach to make money.

BK



To: John Trader who wrote (47987)6/15/2001 11:34:34 AM
From: michael97123  Respond to of 70976
 
The rule of thumb for analysts as i understand it is to wait for the first double before upgrading a beaten down stock like jdsu today. So when jdsu hits 22, prudential will raise it from market perform to outperform. I like Brians logic too. Need to believe in the sector and the leadership position of the company involved and pull the trigger. I would only apply this philosophy to clear leader like amat, cisco, jdsu, intc. and so on.