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

To: t2 who wrote (4952)	1/22/2000 12:15:00 PM
From: Glenn McDougall	Read Replies (3) \| Respond to of 24042

I have never invested in .com stocks and don't intend to now. The article is very interesting I agree. The current run in share price imo is to far to fast and the pe is nuts. All that being said I have never traded JDSU and don't intend to now. I do feel that we could see a precipous drop in share price after earning are out but I don't trade the stock so I will hold and perhaps add on a drop. My long term (5 year) target for the stock is still 1300 to 2000 Canadian per share in five years. Who the heck knows what may occur between now and then. What I do know is that management is right on the mark making all the right moves. This industry is hot and they are buying everything that fits with the business model. We still have yet to see phase 4 and if a 15 billion dollar purchase does not even rate as a new phase bring on 4! T2 is as fixated (I mean this in the best way) with S&P as I am with phase 4 so we must be close to the the S&P inclusion as well. I do expect phase 4 to include a new technology break through the question is what. The current pe is way out of line but given the future prospects where else can anyone get this kind of company with such great management? Regards Glenn