SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KMcKlendin who wrote (20605)6/22/2001 11:19:12 AM
From: Cary Salsberg  Read Replies (1) of 24042
 
I have set buy prices no higher than 6 times sales. I bought at 18 (sales projected $900k/q) and sold at 28. I set 13.5 and 15 as my buy levels, but I held off. I think the proper time to buy JDSU is when AMAT gets to $30. Currently, with $450k projected, my target is 9-10, but, again, I held off waiting for the final big move down.

I am concerned about the future of JDSU. During the bubble, sales got to $900k+. Current forecast is less than half, but I don't know if $450/q for the next 10 years will not be enough to support end user requirements.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext