JDS Fitel Message Board

STOCKTALK

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.

Gold/Mining/Energy : JDS Fitel

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hank Stamper who wrote (694)	2/3/1999 10:57:00 PM
From: Raymond Duray	Read Replies (1) of 815

Hi David, I decided to respond to your concern about valuations. Undoubtedly the market in general is at nosebleed P/E multiples. If there is a general meltdown I'm sure JDS will be impacted. However in the present constellation of telecosm stocks I'm following, JDS appears to be slightly less richly valued than many of these other listed stocks. I should also mention that I have excluded 9 companies in my watch list which are not profitable at this point (GBLX LVLT MFNX CY GIC IIXC IRIDF NN QWST). My observation would be that only MSFT has stronger financial ratios with JDS as a stand alone company. The merger would appear to have an immediate detrimental effect on ratios. However, I am sanguine that the JDS/UNPH marriage will result in a "critical mass" that will good growth and respectable profits. And no, 75% growth is not sustainable. I'd settle for 30% at a PE/G of 2.5 and be able to maintain a PE of 75. P/E PE/G Profit Margin (ttm) jds.to 77 ~1 22%+or- amat 78 5 7% amcc 51 2 20% brcm 165 3 17% csco 119 4 17 dell 114 5? 8 lu 51 2? 3.2 msft 71 2 36 pfe 90 5 17 tlab 40 2 24 unph NM NM -41 vtss 70 2 30 Best, Ray

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next