Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Cary Salsberg who wrote (21008)	7/29/2001 8:17:12 PM
From: Sam2482	Read Replies (2) \| Respond to of 24042

Of course any increase in price will come from increased revenues and increased forcasts for revenues. The P/E and P/S as I'm sure you know will be dependant on revenue growth as well as forcasted growth. Why would you think JDSU would be evaluated any differently ? Perhaps you think the fiberoptic markets is dead...I don't share that view. Just like the oil markets, a few years ago drillers were dirt cheap and we had over capacity, then we couldn't get enough oil and the stocks took off, now the pendulem is swinging back. I'm not sure what your point is on the market cap. It seems pretty simple to me that if JDSU has a 12.5 B cap now @ $8 and it goes to 20 then I beleive I'm capable of understanding the math. So unless you think I'm an idiot I do understand the market cap will expand with sales, forcasts, the economy and the stock price. You may choose to beleive JDSU will stay at 8 or under for ever and that is ok. That makes markets but your questions seemed elementry. Just becarefull not to be the last short covering. Good Luck

To: Cary Salsberg who wrote (21008)	7/31/2001 5:46:52 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 24042

re: What kind of P/S or PE are you attributing to them and why? Investors have not been using PE ratios to decide when to buy stocks like JDSU, for years. Investors forgot what a P/S ratio is, and how you use it, years before that. You are speaking a language investors are just beginning to re-learn. Because they don't understand it, they ridicule it. And, yes, many investors have forgotten that a certain stock price implies other numbers (market cap, sales, margins, etc.). And if those other numbers are unreasonable, then the stock price isn't going to happen. A glance at the stock price tells that the stock is now at a small fraction of its 2000 high. That is enough DD for many to conclude that it is now undervalued. This thinking is what creates bear rallies. BTW, do you think EMC is now a decent value at 20? Or do you still not like the industry, so it isn't on your buy-list no matter how low it goes?