JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Bill Holtzman who wrote (7230)	3/7/2000 6:08:00 PM
From: t2	Read Replies (1) of 24042

Bill, I could not help talking about the S and P after I heard the erroneous report on CNBC about JDSU residing in two countries as the reason it was not in the index. Anyone can see that the reasons were--JDSU only had revenues under 300 billion before the last earnings report (and still with net losses). Only now did we get close to 700 million---maybe get close to 1 billion by the next earnings. The billion dollars in cash means the negative bottom line is due more to amortization than real losses. I think the S and P committee will see that. I was also commenting how they have made no changes in months--only one so far this year and even that was before JDSU's earnings release (pushing up the revenue figure). I am starting suspect a major overhaul in the works. You are right---I can't help it. <g> BTW--JDSU back up afterhours as if the selloff today never happened. This a sign that says JDSU is headed to much higher levels. In the face of massive selloff, it bounced back in a HUGE way. What support!!!!

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