SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: t2 who wrote (3882)1/6/2000 2:19:00 PM
From: t2  Read Replies (1) of 24042
 
Did a little more digging on my S and P500 addition quest.
When QCOM was added on July 21/99, its market cap was around 35 to 40 billion. However, its sales were almost 4 billion.
JDSU is now on a rate to hit 1 billion sales soon but its market caps looks to head up much higher.
GBLX, which got added last year only has sales of about 450 billion and a much smaller market cap.
Neither QCOM or GBLX have the rate of revenue growth as JDSU, which is around 100%.

I also found a couple of other companies (recent additions)in "speculative" industries and sales under 500billion and small market caps.

Sorry if my commentary on this issue is getting too repetitive but i feel a strong case is there for its inclusion. Will S and P want to wait for it to reach 100 billion (now around 55 billion!!!!)before informing index fund managers that they have make a lot of room for this stock. The higher the market cap, the more difficult it becomes--and the more reluctant the sellers as we witnessed with Yahoo.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News