Where are they now ?

No, I am not going to tell you about the drummer of a 80's long-hair band, who is now teaching yoga at a Orange County resort. I will leave that kind of reporting to VH-1!

I couldn't think of a better title than this for a post that suggests taking a second look at bubble-era darlings that are being ignored by the wicked world. After losing between 95-98% of their value, companies like Lucent (LU), Nortel (NT), JDS Uniphase (JDSU), Ciena (CIEN), Sonus (SONS) and 3Com (COMS) are at garage-sale prices. Some may still be headed towards bankruptcy, but having survived this far, I think all of them are worth opening positions in.

A few of them will get acquired, a few will make a dramatic comeback and a few may even recast themselves as China plays.