Tom:
I think they are underestimating the room for price growth. JDSU owns it's segment and Lucent and Nortel buying from JDSU to support growth in the WDM arena. If you read the analyst's comments carefully you can't help but hear terms like high barriers to entry and control of unique technology. Sounds like Simian genes in an exploding field to me. The merger of JDS and Uniphase has formed an early Cisco like company in a very new field. Check out the chart and performance from the W&W portfolio. I think that JDSU will be one of our future nominees for Gorillahood. It's growth is sooooo consistent.
Best Regards,
Tom
Thank you for responding on JDSU; looks great, it's on my list. One of the things that troubles me is my lack of knowledge about what they do....I understand they sell lasers to Lucent, etc.; but I am having trouble getting my hand on their pulse so to speak. By contrast, I use Windows, microprocessors, own a Q phone, etc. Also, one of JDSU's assets is their load of laser engineers, but this is hard for a lay investor to quantify, or to follow. I think I would have a harder time seeing their segment or industry changing, than I would in following the course of Intel,or Q, or even EMC. Just some thoughts. Thanx again.
Looks like Intel may be transitioning from Tech Market Leader ('97) to laggard, perhaps back to Tech leader again.
All the best,
Stan |
