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: Forrest who wrote (8958)4/16/2000 12:45:00 AM
From: YlangYlangBreeze  Read Replies (2) of 24042
 
Hello people,

Valuation seems to be the discussion of the weekend as we plan our strategies for what stocks we will go back into. In the short time I have been investing, valuation hasn't seemed to matter much. Sure I knew what a P/E was, they were bandied about, PEGs too, but I'd only calculated a couple, basically as an exercise. I really wasn't sure how to value a stock with no earnings.

So I'm dead serious when I ask these questions. I am embarassed to be asking them even. But I am trying to learn more about valuation and about JDSU in particular.

I was amazed to see that while JDSU was founded in 1983, and has shown an increase in share price of 29,000%, they still show no earnings, but that they are expected to show earnings this year. Howcan this be? What do I have wrong or what piece am I missing? Also I was amazed to see that this year's quarters are five times what they showed last year. So why does SI show a five year Expected EPS growth of growth of 48%?

So is P/S the best way to value a company with no earnings? Why do people on the JDSU thread talk about having held since a P/E of whatever?

Oh I hope I am not troubling people. I am not sure where I should put this topic forth. But since JDSU is my study case, here seems like a good place.

Would anyone here care to help me out?

joelle
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext