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Technology Stocks : UNPH _ Uniphase

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To: Curtis E. Bemis who wrote (1178)4/13/1999 4:53:00 PM
From: Jim Willie CB  Read Replies (1) of 1261
 
looking for an entry here

got a question:
Uniphase has yet to turn profit... clearly a leader in optical muxing and more... Fitel dovetails nicely product lines... non-conglomerate nature clears path for many big customers... might be "Intel of Optics" in next decade... but

puny $170M in sales... certainly acquiring Fitel sales
on multiple of sales basis, priced at 29 x sales !!!
is price discounting next $B in sales?
expensive until price comes down or mega-sales become evident

case in point: other nextgen leader Qualcom is rocketing, but selling at just over 3xsales

thanks, jim willie

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