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

To: Martin Atogho who wrote (3297)12/23/1999 6:41:00 AM
From: reg  Read Replies (2) | Respond to of 24042
 
Just one of the signs of boomer stock mania. $400 on this stock gives it a market cap of $80 billion. If it doubles revenues for the next 4 years it might reach 10 billion in revenues. 4 years is an eternity in high tech as new technology replaces the old. If it does not replace it at least it drives down costs and profit margins.



To: Martin Atogho who wrote (3297)12/23/1999 5:32:00 PM
From: William  Read Replies (1) | Respond to of 24042
 
I don't like the idea of these analysts who keep setting targets only b/c the stock is meeting their previous targets well before the time they expected it to.

Would you prefer an upside target of $200 when the stock is sitting at $350 ? What good does that do anyone?

Wm


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