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Strategies & Market Trends : Options

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To: taxman who wrote (5142)3/16/2000 10:17:00 PM
From: steve mamus  Read Replies (1) of 8096
 
Taxman,

I have been pounding cyberspace for several months regarding GLW. I have pointed out that they control the sales for 50% of the fiber optic cable sold. I have pointed out that they have sold all the cable they can make for at least the next 2 years. They are expanding cable production and would expect announcement for a new photonics facility in the near future if not already announced. But here is the other thing. There P/E is something like 1/3 of JDSU's.HOW ABOUT SOME MULTIPLE EXPANSION? I mean who do you think has a greater chance of multiple expansion at this point JDSU or GLW?? I own both, But I own more GLW. In short the stock is overpriced and I still think this stocl should double in price in the next 12-18 months IMHO. They have multiple new alliances and their joint venture with SAMSUNG is of particular interest.

DoK
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