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Technology Stocks : JDS Uniphase (JDSU)

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To: m-i-l-e-s who wrote (20025)4/11/2001 11:12:24 PM
From: t2   of 24042
 
It has operating earnings; that is how the tech companies are compared to each other.

Here is a site that lets you see the P/E. Forward PE for June 2001 around 23.

marketguide.com

BTW---It is amortization acquisition costs for so many of its purchases and will probably report a net loss for a long time under GAAP. However, on a cash flow basis, it is making money and that is why it is important to look at the PE as a guide. Also look at its balance sheet (no debt from what I recall and it keeps increasing its cash levels)
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