Silicon Investor (SI) -- The First Internet Community

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.

Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Hank Stamper who wrote (430)	6/29/1999 11:21:00 AM
From: Kayaker	Respond to of 24042

The price earnings multiple for this company is unreasonably high. I checked a few minutes ago and at a share price of 115 the p/e for JDS was 112.94. I don't pay much attention to PEs. The PE is based on past growth. Imagine 2 companies, both with a PE of 100. One is expected to grow at a rate of 10% a year and the other is expected to grow at 50% a year. The PE doesn't tell you which is the better investment. Look at QCOM. The PE is now 384, but IMHO it doesn't mean a whole lot. I look at the PEG (PE over the growth rate). Just my 2¢.

To: Hank Stamper who wrote (430)	6/29/1999 12:21:00 PM
From: Nichols	Respond to of 24042

Thanks for the post. Very insightful. Before your post, however, I did a very unfoolish thing, I jumped in and bought at 155.75. Oh well. Time will tell. I've been heavy in tech stocks for sometime. Been moving to telecomm recently(LU,QCOMM,WCOM,CMVT) I am looking for that rare company that might be dominant in the area of optical networking. Could UNPH be that company. Again thanks for your insights.

To: Hank Stamper who wrote (430)	6/29/1999 12:50:00 PM
From: w2j2	Read Replies (1) \| Respond to of 24042

David: Excellent! wj