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Technology Stocks : JDS Uniphase (JDSU)
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To: Ed Weider who wrote (8913)4/15/2000 12:23:00 PM
From: Robert  Read Replies (1) of 24042
 
JDS was featured on CNN last night as an example of everything that is wrong with the valuations in the market place. Compare their monthly income and PE to GM which has revenues of $1B per month. JDS is a great company but investors are paying the price for ludicrous valuations. The so-called smart money is no better informed as they continually upped their price targets, following the moves in the stock....It may not be over yet by a long shot....
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