JDS Uniphase (JDSU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : JDS Uniphase (JDSU)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: trouthead who wrote (3446)	12/28/1999 10:22:00 PM
From: jay silberman	Read Replies (1) of 24042

gruntal.com JDS Uniphase Corporation (JDSU - $335.25 @ 8:00 a.m. EST, 12/28/99) 1-1 (Outperform-Outperform) Intermediate Target Price: $420 from $310 Long Term Target Price: $590 from $400 RAISING TARGET PRICES TO REFLECT MORE AGGRESSIVE EXPECTATIONS * We are raising target prices for JDS Uniphase to $420 from $310 in the intermediate term and to $590 from $400 in the long term. * In our view, the optical components sector is in the sweet spot of optical equipment, which is in the sweet spot of the transition from copper and electronics to fiber and optics, which is in the sweet spot of telecommunications. Given our confidence in the industry dynamics of the optical components sector, we believe it is appropriate to apply a more aggressive multiple to our JDS Uniphase price target. * We believe that the optical components stocks still have upside, and we expect JDS Uniphase to meet or beat our EPS estimate of $0.32 this quarter. * We are therefore raising target prices to reflect our most aggressive expectations for the sector. * We note, however, that with increased valuations there is less margin for error. * We continue to recommend purchase of JDSU shares. Mark Langley

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next