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Gold/Mining/Energy : JDS Fitel
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To: N Zucco who wrote (318)8/12/1998 1:24:00 AM
From: powershred   of 815
 
If you are looking for a quick buck, there are other high beta stocks to go after. JDS is too illiquid for me to trade short term. As I have mentioned on my previous posts...I am buying big time on dips. Unless my l/t assessment of this company is totally wrong, it is hard to loose money on this company 5 years from now. Currrently trading at roughly 35x trailing earnings and growing (cash flow) at about 50x annually. The market is there, technology is there, I think the only lacking ingredient is an efficient CFO ala DELLs'. I still personally think its undiscovered. Good Luck.
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