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

To: me incorporated who wrote (686)	7/31/1999 2:04:00 PM
From: pass pass	Respond to of 24042

JDSU made 0.48 this quarter. If you annualize it, you will see $70 per share has a P/E of 36. Yes, I think you're asking too much. JDSU is Intel in the upcoming fiber era.

To: me incorporated who wrote (686)	7/31/1999 2:40:00 PM
From: Glenn McDougall	Read Replies (1) \| Respond to of 24042

me; I can not tell where the market is going however JDSU is a gorilla in its field. Kevin and Jozef are a great match and given the companies guidance we should see ~60% growth this year in earnings and revenue (I suspect much more). This is a company that now has the market valuation to correct just about any misstep it makes. They are actively looking for new additions to their portfolio of products and at the same time integrating components into modules. They are ahead of their competition in a number of fields and based on the CC may be extending that lead. $70 U.S. what a deal. I had a friend who bought shares just prior to the CC this week, he said "I can't believe that I just paid so much for the shares" that was less than a week ago needless to say his tune has changed. Good luck; Glenn