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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (34012)4/16/2000 11:26:00 PM
From: Techplayer  Read Replies (1) | Respond to of 77400
 
Gary, I don't see where JDSU has no earnings....I was speaking specifically about the estimated and potential PEG for the company. Based on past performance and available estimates, a PEG between 1.6 and 2.4 is achievable. That is expensive, but no less so than CSCO, SUNW, PMCS or ORCL.

btw, it looks like JDSU is projecting 1.2-1.3 billion in revenues for the year.

I am not saying that JDSU should be purchased until a bottom is established. I am saying that it certainly deserves a valuation of greater than a PEG equal to 1.

tp