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Technology Stocks : JDS Uniphase (JDSU)

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To: LBstocks who wrote (1529)	10/29/1999 4:29:00 PM
From: LBstocks	Read Replies (1) of 24042

BancBoston Robertson Stephens starts JDSU with "Buy"> NEW YORK, Oct 29 (Reuters) - BancBoston Robertson Stephens said analyst Arun Veerappan started coverage of Canadian fiber-optic equipment maker JDS Uniphase Corp. (NasdaqNM:JDSU - news) Friday with a buy rating. -- ``We believe the potential for accelerating outsourcing of component innovation and production by equipment makers will likely elevate the growth rates for merchant optical component vendors over the coming years,' he wrote in a report. -- The company reported fiscal first-quarter earnings per share Thursday that topped Wall Street forecasts. -- JDS shares were up 16 at 168-7/16 on the Nasdaq.

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