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Technology Stocks : JDS Uniphase (JDSU)

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To: Andrew N. Cothran who wrote (9865)4/28/2000 11:47:00 AM
From: Wyätt Gwyön  Read Replies (1) of 24042
 
Conservative investors will continue to choose JDSU and SDLI. The hardier among us will include some AVNX.

Lessee, AVNX has an $8.2BB market cap; SDLI $14.3BB. I will gladly forego the spread there to invest in a company that is currently profitable and has burgeoning sales growth. If AVNX were under $1BB, then it would have some serious relative upside potential, but as it stands, I don't think the risk/reward ratio is so good for AVNX. Consider that it is already more highly valued than ETEK was at the time of the JDSU acquisition announcement.
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