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Technology Stocks : JDS Uniphase (JDSU)

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To: JakeStraw who wrote (15945)1/5/2001 12:49:40 PM
From: SJS  Read Replies (1) of 24042
 
Jake,

$35/share with .80 of earnings and a PE of 43 is very conservative for a high growth stock like JDSU.

A PE on forward earnings should generate a PEG ratio of 1.5 or even higher, which means that JDSU at 35 is really a steal, and clearly not overvalued.

I guess it all comes down to sector/industry and stock specific guidance on earnings growth.

What do you think this industry can grow at?

Steve
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