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Technology Stocks : JDS Uniphase (JDSU)
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To: SJS who wrote (8852)4/14/2000 5:29:00 PM
From: Jeffrey James  Read Replies (1) of 24042
 
So what is a reasonable P/E and price for JDSU?
It was in the 200s, which was a bit over the top.
Now it is 50% down from the high.

As Etek showed, the market for optical widgets is growing fantastically (Etek up 83%) and customers are screaming for the parts. JDSU will do as well.

In a week, JDSU will have another fantastic quarter under its belt, adding to the E line, bringing the P/E down again

So, how does the math work? What is "fair" for a company like this? You can't look at JDSU in the same way as your electric utility.

Inquiring Minds Want to Know (tm)
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