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


To: BI*RI who wrote (7217)3/7/2000 4:15:00 PM
From: t2  Read Replies (2) | Respond to of 24042
 
Good Point about GBLX.
I went back to all the old additions to the S and P 500. All of them had a P/E ratio. All had net income for the trailing 12 months. All had revenues over about 500 million. JDSU only exceeded 500 million of revenue after the January earnings report. So S and P can digest the additional information and I have not seen any additions since.

IMHO, it is only the factors above that have held back JDSU. Considering what has been happening recently, i would not be surprised if they relaxed some of these unwritten policies.

JDSU bounced back in a big way. What a buying opportunity for all those new tech funds.