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Author: R4noff One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 37  
Subject: Re: Buying point fo jdsu? Date: 8/6/1999 11:16 PM
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<< What do you see as possible good buy in point for jdsu, Rick? Do you see it going lower in the coming month or so with the general market, or have we seen the bottom on the internet/tech stocks? >>

Desertnight (nice starry screen name, John),

Far be it from me to pretend I know when the market will bottom out. I bought JDSU shares at four points this year (ranging from 112 to 144 a share, pre-split), and was afraid I was overpaying each time. But the more I read about the company, the better I liked it. Still, I'd be willing to bet that we will have a further retreat in the market sometime this year. Or maybe we are just in the beginning of one now. I like the strategy, having decided to buy a stock, of watching the price retreat and then buying it once it starts rising again.

That said, I am not worried enough about the coming downturn to sell my JDSU. As I have suggested before, read the excellent FAQ on the JDSU bulletin board - here's the link. http://boards.fool.com/Message.asp?id=115010000014100 Some of the most useful and informative condensed information I have seen.

Regards,

Rick
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