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

To: Chris Stovin who wrote (527)1/11/1999 2:29:00 PM
From: Hank Stamper  Read Replies (1) | Respond to of 815
 
Chris or anyone,

I am really blown away by the current price. It is way out of line for how Mr. Market has valued this company in the past. The current p/e is 60 while the average p/e that Mr. Market has been willing to pay is somewhere in the low 30s.

Has this stock been chased up by people caught up in the internet speculation craze? If that is the case, when that bubble bursts, JDS will return to more historical valuations.

I just think people are crazy to buy JDS right now. It's gambling at these prices. And, not very smart gambling either.

Comments?

Regards,
David Todtman



To: Chris Stovin who wrote (527)1/12/1999 4:05:00 PM
From: pat mudge  Read Replies (1) | Respond to of 815
 
Chris --

Do you know if there's a conference call tomorrow?

If so, I'd like to know access number.

TIA ---

Pat


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