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Technology Stocks : Applied Micro Circuits Corp (AMCC) -- Ignore unavailable to you. Want to Upgrade?


To: Pete Young who wrote (1685)11/6/2001 10:37:33 PM
From: Raymond Duray  Read Replies (1) | Respond to of 1805
 
Hi Pete,

Re: Kevin Kalkoven was the guy who took so many UNPH and later, JDSU investors to the cleaners.

Hmmm, I'm not so sure about his culpability in this regard. I got out of the stock shortly after he left JDSU. He was notorious and repetitive in the press (hint, hint) for his quip about his uncles motto: "to never leave a party before the booze runs out!" Thinking investors understood the comment, watched his actions and took their chips off the table in a timely fashion. Not to brag here, but my stack grew ten-fold. Kalkoven made a lot of money for a lot of us. Those who overstayed the booze are feeling the hangover. As they say about Wall Street, bulls make money, bears make money and pigs get slaughtered. <g>

Cheers, Ray



To: Pete Young who wrote (1685)11/6/2001 11:35:49 PM
From: techanalyst1  Respond to of 1805
 
Why would you blame Kevin Kalkhoven? Jdsu went up like the rest of the bubble stocks and fell back down due to the rapidly deteriorating fundamentals of the industry.

He left Jdsu when the stock was near it's highs. He's definately someone who knows his stuff and an assest to amcc. But feel free to short amcc because he's on the BOD if you wish.

TA