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: Lee who wrote (7793)3/17/2000 9:27:00 AM
From: Brian P.  Read Replies (3) of 24042
 
Actually, JDSU is selling for way more than 100 x earnings:

datek.newsalert.com

Compare the range of p/e multiples for JDSU recently with those for DELL during its meteoric rise in the '90's:

datek.newsalert.com

Even when Dell was growing its fastest, it never sported the p/e's JDSU does today. Isn't it possible that the widely held anticipation that JDSU will be the DELL of the coming decade (or even surpass that performance) is already to some extent priced into the stock? I know the revenue growth rate of JDSU has been and may continue to be something like 100%, compared with Dell's revenue growth rate of about 50% during that time, but still...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext