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


To: vampire who wrote (22223)2/15/2002 12:18:37 PM
From: michael97123  Read Replies (1) | Respond to of 24042
 
Frankie Viola.
My biggest mistakes in jdsu are behind me. Its hard to pick a bottom. I dont think that placing a bet here by making the assumption that the old low will hold is a bad decision. Bob is comfortable buying every couple of points down. Its dollar cost averaging pure and simple. If the company survives, Bobs bet will eventually pay off. Zeev and Cary are the best in their disciplines. Does zeev talk specifically to jdsu? If so did he miss the run from 5 to 13 last time? Low price stocks tend to have a dramatic move before they really move up in a long term sense. Its easier to go from 5 to 10 than from 40-80. JDSU did that once and disappointed. Next time the double might stick. mike