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Technology Stocks : JDS Uniphase (JDSU)

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To: zbyslaw owczarczyk who wrote (13762)11/2/2000 12:35:55 AM
From: DukeCrow  Read Replies (1) of 24042
 
I'd like to know what the rationale is behind the PEG. I'm not saying it is wrong. It is just that I've never seen anyone fully explain why PEG is a relevant valuation metric.

Valuation is such a tricky issue that I just don't see how someone can justify whether a stock is expensive or cheap based on the PEG.

Thanks.

Ali
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