Re: Tech wreck,(rollin',Meme,dejgaard)
The future is the future and systems that are antiquated will have to be brought up to speed to handle user demands. I can't see where a company e.g., JDS Uniphase, won't be seeing a turn around as the economy improves and inventories are depleted. Capital expenditures will increase significantly with the reduced interest rates.
Here is where I have difficulty however: many of us did not buy JDS Uniphase (and other high flying tech stocks) when they were as low as rollin45's purchase (congratulations on the buy at $10).
In a recovery, how high do you think JDSU will go? I can't see where it will get near its high, but maybe in two to three years, it could be a sixty to seventy dollar stock. What are some of your opinions? What other stocks do you think may make a substantial recovery (time/high horizon)? If the market presents an opportunity tomorrow with the Russell index realignment, I might jump in. Hey.... I can use all the help and foresight you can offer... after all, I am a dog! Woof!!
