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Technology Stocks : JDS Uniphase (JDSU)

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To: Lane3 who wrote (7756)3/16/2000 7:11:00 PM
From: reg  Read Replies (1) of 24042
 
Hard to follow that. But the fact remains that they have
1/150th the sales of FORD and twice the market cap. Ford has
more profits in a quarter than JDSU has sales in a year. Lets face it, competition is coming in the form of Corning,
Nortel and dozens of startups. Love the company, they are in the right place at the right time. I have sold 80% of our holding in the past 2 weeks because the valuation is getting
silly. The company is not an Intel or a Microsoft. Its products don't get replaced every 6 months by consumers.
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