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Technology Stocks : JDS Uniphase (JDSU)

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To: Forrest who wrote (8958)4/16/2000 12:49:00 AM
From: brightness00   of 24042
 
While GM has a much lower P/S ratio than JDSU, its product margin is much slimmer; in fact, GM routinely run up huge losses in lean years. How can anyone consider GM as a defensive play is totally beyond me. After all, the economy car segment is a money loser for GM, and luxury/SUV's are luxury goods that would have trouble selling if there were a real market down turn. Not to mention that with today's legal vultures and hyenas circling, why would anyone want to buy into a company that makes products that could potentially kill its users.
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