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

To: Robert who wrote (8914)	4/15/2000 9:45:00 PM
From: N. David Lessani	Read Replies (2) \| Respond to of 24042

"JDS was featured on CNN last night as an example of everything that is wrong with the valuations in the market place. Compare their monthly income and PE to GM which has revenues of $1B per month. JDS is a great company but investors are paying the price for ludicrous valuations. The so-called smart money is no better informed as they continually upped their price targets, following the moves in the stock....It may not be over yet by a long shot...." There is small difference between GM and JDSU. One is losing market shares for the past 10 years and the latter cannot cope with demands. These are the same experts were telling us buy companies with growth potentials!