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Technology Stocks : JDS Uniphase (JDSU)
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To: Thomas Tam who wrote (1840)11/8/1999 1:24:00 AM
From: Hank Stamper  Read Replies (3) of 24042
 
"Relatively, JDSU is cheap. "

How long will the market believe this? No stock in history has ever lasted with a p/e in the sky, like this. How long will the p/e be this high? How long until "cheap" is transmogrified to "over-bought"? This is the question, unless one is willing to claim it will always have its current p/e.

With all good wishes,
David Todtman
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