To: freeus who wrote (3560 ) 9/10/2001 3:49:25 PM From: im a survivor Respond to of 13815 <<rejdsu Why waste your money: find a stock that will give you a good return in the next 12 months instead of 12 years. You have plenty of time to buy jdsu to see upside. JMHO Freeus >> Sound advice if she hadnt already corrected 90%....but my strategy is to buy quality, after it's taken a severe beaten in companies and sectors that I feel will eventually rebound. Bottom line is I have no idea where a bottom is, but I know by buying jdsu now, I can't miss it by more then $6....and with my strategy being buy a little at a time, so I am prepared to buy more at $4 and $2 if she hits those prices, and then be patient. I have plenty of time....and if jdsu takes 15 years to get back above $10, my guess is most stocks will still be in the toilet then as well. I dont need to buy the exact bottom, but certain stocks should be bought at certain levels, IMO, if you are prepared to be patient and buy more if she drops. Personally, I have no problem with buying a truckload of JDSU at $2 if it happens, and have no problem waiting for a nice ROI. This holds true for many stocks.......as far as the stock being dead money for awhile.....well, I'd rather it sit dead in jdsu for 5 years and trade between $2 - $6, then buy something else that loses money. I guess my point is, I can't call a bottom in the market and have no idea how low we go, but certain stocks, i will buy at certain levels without hesitation.......if jdsu keeps dropping, I will keep buying. If orcl hits $7, I am all over it.....sunw hits $5, back up the truck....ntap at $6ish and I'll happily buy......atml-will happily keep buying as low as she goes from this level and even added a tad today at $8.25, and will gladly buy more lower as I said.......anyway, we may not recover for a long, long time, but I still feel the time to buy quality stocks is when they are beaten to a pulp........