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

To: KMcKlendin who wrote (20596)	6/21/2001 6:35:15 PM
From: michael97123	Read Replies (1) \| Respond to of 24042

"One of my pet peeves, and something which I cannot disagree with strongly enough is this idea--one should not buy a great company cheap because it is "dead money." Impatient investors that would rather gamble on unpredictable short term price movements rather than allow a great investment opportunity to mature are (in my opinion) very mistaken. I couldnt agree more with this statement regardless of the stock it is applied to. The dead money argument indicates no long term perspective for the investor. It may be fine for a trader but not for an investor. And secondly, dead money often implies little downside but much sideways movement. That provides some protection as other groups cycle down in a bear market. Also a beaten up jdsu at 10 can move a mere 5 points in even a bear market rally which could end up being a superior return to a 200 point nasdaq rally. A few days ago oracle was dead money. Now it is 25% higher. The only caveat is stick with core tech companies and avoid the next lucents that exist among them. Mike

To: KMcKlendin who wrote (20596)	6/21/2001 7:59:34 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 24042

You said: "According to my fundamental value analysis this company is on the cheap side of reasonable. " If you can put that opinion into numbers, we can have a useful discussion about it.

To: KMcKlendin who wrote (20596)	6/21/2001 10:39:39 PM
From: Nikole Wollerstein	Read Replies (1) \| Respond to of 24042

What if JDSU will file for bankruptcy before fundamentals start improving?

To: KMcKlendin who wrote (20596)	6/21/2001 10:54:20 PM
From: jhg_in_kc	Respond to of 24042

The correct time to buy, in my opinion, is before (not when) the fundamentals start improving. the time is before they improve but when you can tell they will.

To: KMcKlendin who wrote (20596)	6/22/2001 9:54:28 AM
From: Master (Hijacked)	Respond to of 24042

Nice post!!! Some of us should take a lesson from your courtesy!

To: KMcKlendin who wrote (20596)	6/22/2001 10:36:20 AM
From: Robert	Read Replies (1) \| Respond to of 24042

Keith The flaw I see in your argument is that fundamentals may NOT improve as you are relying on. You have to discount the future value of the money you are investing as well. From what I have learned, one should not expect to buy at the bottom, just as one should not expect to sell at the top. Neither case is known in real time. One should therefore look to improving fundamentals, and not be afraid to buy (on the way up) at prices well off lows. A very strong stock can rise 100 to 500 percent in a long term trend. The strength of this approach is that you are investing based on actual improvements in revenue, earnings growth etc. One could look to some basic technical indicators to reinforce the buy point that you are considering. However, if you feel so strongly that JDSU is going to return to double digit growth, your current position will maximize your return if you turn out to be correct....good luck Robert

To: KMcKlendin who wrote (20596)	6/22/2001 2:23:12 PM
From: sea_biscuit	Read Replies (2) \| Respond to of 24042

The correct time to buy, in my opinion, is before (not when) the fundamentals start improving. What you say might be true about the economy in general. But individual stocks can always blow up and go into oblivion, regardless of anything else. Considering that many tech companies have tortured the balance sheets over the past few years and that the rats have just now started coming out as the ship begins to sink, I will be extremely cautious in applying your statement to any pure tech index, let alone any tech stock.