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


To: Nichols who wrote (10093)5/9/2000 1:42:00 PM
From: Boplicity  Respond to of 24042
 
nope that would be a 85 or so % increase from here, I just don't see it. I have been saying price in the 50s as an area of good value for JDSU. It's all up to Mr. Market, and right now, Mr. Market is head faking us left and right. The market needs to decide what value is. The market has been blowing off valuation for sometime, paying a premium for steady growth and potential. The last word is the money word, potential. Most gains are made in stocks that have a lot of potential in them that most investors haven't seen yet, not once the companies realize that potential, or investors have already priced it in. If you look at JDSU price drop, and compare it to the Naz. it is clear that JDSU was way ahead of itself in the priced in potential area. We all know the optical market has tons for potential, and JDSU has just started to realize it's potential, but remains to be seen if at these prices JDSU's has value left in it or does JDSU have to grow into it's current market cap? I feel it's the last one, so a base will be in order.

Greg