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To: sam who wrote (91039)1/2/2001 1:06:40 PM
From: ratan lal  Read Replies (1) | Respond to of 152472
 
The highest safe p/e is a p/e of 10.

Now you have to figure out how long it will take JDSU to reach that p/e and whether that is a reasonable time for you to wait (and whether other investors will also wait that long). Also remember JDSU is aquiring SDLI. How long will they take to make that aquisition accretive?