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Technology Stocks : JDS Uniphase (JDSU)
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To: RocketMan who wrote (8666)4/12/2000 3:36:00 PM
From: Eylon  Read Replies (1) of 24042
 
Greg, ETEK's p/e is 388. Is it growing at 388%? Isn't that a tad expensive?

Why do you think that a company have to grow at 388% to justify p/e of 388% ?

I guess according to this logic a company that grow 100% a year is doubling its value every 100/72 = 1.4 year. Also an investment return of 40% a year for many years is only twice as good as 20% for many years.

Eylon
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