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

To: pat mudge who wrote (19307)	3/8/2001 6:21:53 PM
From: puborectalis	Respond to of 24042

Taking a New Look at CSCO and JDSU By Cintra Scott Click Here for More Info Telecom-equipment stocks dropped 70% on average below their 52-week highs. CSCO was at $82 last March; Friday it was $21.94. JNPR and RBAK are in similar situations. Taking a New Look at CSCO and JDSU Bad News: Telecom customers have cut their spending and earnings projections have quickly fallen. Good News: Stock prices have fallen faster than profits, lowering price-to-earnings ratios. As a result some telecom-equipment stocks are looking cheap. Some of the telecoms, like SONS, have good growth prospects but spend too much money. Its price-to-sales ratio is an appalling 102. CORV is trading at 46 times sales and ONIS is trading at 68 times sales. CIEN trades at 90 times earnings and 18 times sales. CSCO and JDSU Good management Market leaders Broad product offerings Good buying opportunity for these two stocks, especially if you are certain of the Internet revolution. Short term is not as good, however. Telecom Equipment Company Current Price 12 Mo P/E 5 yr Avg P/E % off 5 yr P/E Next 3-5 Est EPS CSCO $22.19 33.6 67.57 -50% 32.89 JDSU $26.38 41.2 116.75 -65% 45.47