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

To: Constance Collard who wrote (149)	4/13/1999 4:49:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 24042

could it be 50% rise in price in last six weeks? sometimes no real reason, techs generally down somewhat people so often must point to reasons market is not rational, but emotional and momentum machine looking for an entry here got a question: Uniphase has yet to turn profit... clearly a leader in optical muxing and more... Fitel dovetails nicely product lines... non-conglomerate nature clears path for many big customers... might be "Intel of Optics" in next decade... but puny $170M in sales... certainly acquiring Fitel sales on multiple of sales basis, priced at 29 x sales !!! is price discounting next $B in sales? expensive until price comes down or mega-sales become evident case in point: other nextgen leader Qualcom is rocketing, but selling at just over 3xsales rsvp, jim willie