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Technology Stocks : JDS Uniphase (JDSU)

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To: Jack T. Pearson who wrote (16029)1/7/2001 6:21:42 PM
From: zbyslaw owczarczyk  Read Replies (1) of 24042
 
Jack, GLW will earn in current year 2001 1.41$ per share,
accoring to First Call (recently GLW said it will be in high end of estimate, which would be 1.47)
biz.yahoo.com
So, GLW trades at PE of 35 of current year
Tell me Jack why are you lying by saying that PE is 76???
is this the only argument you have left. Spread pure lie!!!

You have your rose colored glasses on. Read between the lines in the Corning statement. They grew at 70%.
They are forecasting 20% to 30% growth. Their P/E is 76. Why would anyone be willing to pay a higher price
for the stock?
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