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Strategies & Market Trends : Making Money is Main Objective

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To: Softechie who started this subject2/5/2001 10:21:00 AM
From: Softechie   of 2155
 
JDS Uniphase (JDSU) 51 1/4 +1 1/4: DB Alex Brown thinks that inventory issues and capex uncertainties could make it difficult for company to achieve 7%-10% sequential revenue growth indicated by management. Accordingly, firm lowering its current qtr growth forecast to 5% from 8.5% and Q4 estimate to 5% from 8.5%. At the same time, firm reiterating its BUY rating; believes the DOJ approval this week will remove the uncertainty clouding the stock.
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