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

To: Lazlo Pierce who wrote (11353)	7/13/2000 2:28:26 PM
From: t2	Respond to of 24042

I personally find this statement scary <<.... and Corning still has a normal PE along the Cisco, NT..... >> I don't know if you've looked lately, but CSCO Trailing (.35) P/E is about 185, and forward P/E is in the 100 range. PLEASE don't suggest that a company the size of CSCO having a P/E in the ranges mentioned is "normal" Dave, Remember that I am referring to trailing PE. My point is simply that GLW's PE is closer to that of NT or Cisco and less like JDSU, SDLI. Of course the growth rate is lower as well. However, they keep revising rates of growth upward on a regular basis. I have seen 2 pre-announcements in 2 quarters.