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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (50201)7/2/2002 9:06:58 PM
From: QwikSand  Read Replies (3) | Respond to of 64865
 
Fiber-optics equipment maker JDS Uniphase Inc.(NasdaqNM:JDSU - news) can be had for $5.91 -- down 96 percent from its $153.44 record high on March 7, 2000. What many people don't realize is that the shares will need to climb 2,596 percent to return to their high.

That's ridiculous, I don't believe that. Nothing has to climb 2,596 percent to return to anything. That's too many percent. I'm not even sure there are that many percent in the world.

--QS

Edit: I still like RMBS.



To: John Koligman who wrote (50201)7/2/2002 10:17:12 PM
From: Charles Tutt  Respond to of 64865
 
Thanks, that's interesting. I wonder what percentage of ALL stocks increase >50% within a year (e.g from below 10 to 15 or more), whether on the rebound or not.

Charles Tutt (SM)



To: John Koligman who wrote (50201)7/3/2002 8:10:01 AM
From: Bob Kim  Respond to of 64865
 
John, The guy who authored the Merrill study had a knack for putting triple digit price targets on stocks that eventually traded well below $10 and frequently, below $1.


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