Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Runner who wrote (21288)	8/18/2001 3:56:33 AM
From: uu	Read Replies (2) \| Respond to of 24042

If in 24 months you think JDSU will be trading at much higher prices (lets say at the minimum in the $20's), does it really matter if you buy it at $8 or $7 or $6? A few dollars more really does not matter that much! Of course if you think in 24 months JDSU is going to file chapter 11, then why even think of buying the stock at any price?! What happened to the market in late 1999 till March of 2000 was driven strictly based on liquidity and euphoric emotions - and not on fundamentals! We have gone from one extreme to another extreme (from March of 2000 till present)! What is driving the market today is still emotions and nothing on fundamentals. Long term holding has been defined to be no more than 2 weeks, and short term holding has been defined to be under 10 minutes! Liquidity is there (over $2 trillion sitting on the side line) - it is just everyone wants someone else to jump in first to spend big (just look at the low volume of the past few sessions). Anyway I personally think, Exactly 2 years from today at this time you look back and say to yourself: Gee, I could have bought JDSU in single digits, VTSS, CSCO in the teens, HWP and INTC in the $20's...