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Technology Stocks : JDS Uniphase (JDSU)
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To: SJS who wrote (15939)1/5/2001 12:30:34 PM
From: JakeStraw  Read Replies (1) of 24042
 
Steve, Finally someone who isn't posting some sort of hyperbole or generalized conjecture! I personally think if JDSU was trading around $35 it might be more reasonably valued. Even at $35 it would be sporting a p/e of like 43. As you know it's a show me game. If JDSU can grow earnings by 40%+ then it's priced to perfection. My problem with high p/es is that any stumble and the stock will drop like a rock. So in other words I personally like to know I'm investing and not gambling.
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