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


To: Thomas Tam who wrote (1840)11/7/1999 10:43:00 PM
From: Guy Gordon  Read Replies (1) | Respond to of 24042
 
Yeah, you're right long term. All I'm saying is that JDSU is overly high right now. It's due to come down some in the next few weeks. I agree completely on the long-term picture.




To: Thomas Tam who wrote (1840)11/8/1999 1:24:00 AM
From: Hank Stamper  Read Replies (3) | Respond to of 24042
 
"Relatively, JDSU is cheap. "

How long will the market believe this? No stock in history has ever lasted with a p/e in the sky, like this. How long will the p/e be this high? How long until "cheap" is transmogrified to "over-bought"? This is the question, unless one is willing to claim it will always have its current p/e.

With all good wishes,
David Todtman