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

To: Lane3 who wrote (7792)	3/17/2000 7:49:00 AM
From: Lee	Read Replies (2) \| Respond to of 24042

Hi Karen,..Re:.had the numbers been right, the order of magnitude would have still been evident and his point was still valid. I heard it too. <g> He seemed to be pouting because he was even questioned. <g> His point was that JDSU is selling at 100 x earnings while P&G is selling at 22 x earnings. It's kind of a "so what" point though as far as I'm concerned since in 5 years P&G will still be selling at a 22 PE and be subject to oil price spikes! <g> In my experience, some things that are 'cheap' tend to remain cheap, and are cheap for a valid reason. Cheers, Lee