JDS Fitel Message Board

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Gold/Mining/Energy : JDS Fitel

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To: Chris Stovin who wrote (527)	1/11/1999 2:29:00 PM
From: Hank Stamper	Read Replies (1) of 815

Chris or anyone, I am really blown away by the current price. It is way out of line for how Mr. Market has valued this company in the past. The current p/e is 60 while the average p/e that Mr. Market has been willing to pay is somewhere in the low 30s. Has this stock been chased up by people caught up in the internet speculation craze? If that is the case, when that bubble bursts, JDS will return to more historical valuations. I just think people are crazy to buy JDS right now. It's gambling at these prices. And, not very smart gambling either. Comments? Regards, David Todtman

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