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

To: FlameMe who wrote (10207)5/11/2000 2:06:00 PM
From: trouthead  Read Replies (1) | Respond to of 24042
 
An interesting thing about those PE's is the S&P keeps throwing out the laggards and adding the biggest and brightest with the best growth. Does anyone know what the turnover ration in the S&P was 20 years ago, ten years ago as compared to now?

jb



To: FlameMe who wrote (10207)5/11/2000 7:08:00 PM
From: Hank Stamper  Respond to of 24042
 
I agree that companies with higher-than-average growth, such as JDSU, will and should command higher-than-average valuations. On average. It's just that the nadir of a bear market is not the average.

Ciao,
David Todtman


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