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Gold/Mining/Energy : JDS Fitel -- Ignore unavailable to you. Want to Upgrade?

To: michael a. rowe who wrote (322)	8/13/1998 12:59:00 AM
From: powershred	Read Replies (2) \| Respond to of 815

Good point. On better valuations...less exposure to asia. According to the latest FYE F/S from company, 74% in US, 7% in Asia, 15% Europe. Info as per New release #24 from company dated July 22, 1998. I personally do not think this stock has any huge whiplash from the asia contagion. It is merely acting like a tech stock - volatile. Like I said before, buy on dips. P/Es' can NEVER value a tech stock properly; never has, never will. If a tech stock has a low P/E; chances are, its growth prospects are not favorable anymore. If you value techs with P/E I guess you would have miss the ride most of the time. Aside from ATI and Newbridge...couldn't see any other CDN tech with better outlook.