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

To: Jacob Snyder who wrote (21490)	8/30/2001 5:28:38 PM
From: Timetobuy	Read Replies (2) \| Respond to of 24042

If you buy at 2, the stock needs to go up 3.5 times to get back to 7. Look at charts. Stocks do not go up that much on a percentage basis in general. If I got the stock at 2 looking for a bounce, I'd be happy to get 2.5-3. That's 25-50% I'd rather just hold this stock long term and not trade it. That's why I'm looking at it more carefully. How can we tell what a decent valuation is when not only jdsu but their customers can't tell us they see a bottom and in fact keep pushing out the recovery?