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

To: t2 who wrote (1133)	9/29/1999 11:55:00 PM
From: Hank Stamper	Respond to of 24042

What did you think about the comment that the p/e ratio is in a class of its own relative to its peers and the comment that selling of this nature is often a reflection that the big brass thinks the stock is over priced? See, usually insider selling is not much of a predictor. Insiders sell when they want to fund a university year for a child or they want to buy a cottage or a boat. These sorts of sales are "random"--not correlated to fundamentals. However, cottages most pleasure boats don't cost 25 million. Ciao, David Todtman