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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: freeus who wrote (9090)10/28/1999 10:58:00 PM
From: tekboy  Read Replies (1) of 54805
 
To Freeus Re JDSU (I'll let others tackle GMST)

JDSU has had a huge run-up prior to tonight's earnings announcement (.29/share, four cents above consensus, one below whisper number), and could quite easily drop significantly due to profit-taking. On the other hand, the report was generally very good, and the company's future prospects look very bright indeed. So there's no reason to expect the stock to drop down hugely or stay down long. My own advice would be that while you might want to consider shopping a bit for a good short-term entry point once you've decided to buy, trying to time it in a larger sense would probably be a mistake (unless you're real good or real lucky).

BTW, this post from the Fool's chief JDSU guru has some nice links for those interested in the King of optoelectronic components:

boards.fool.com

tekboy@nowifIcouldonlyspellCalchoven.com
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