While there are probably many on the Q thread who would disagree with me, I believe the PW analyst's $1,000 target for Q was irresponsible and created some problems which are now being reflected by the drop in price of the stock. The target was, IMHO, too high, was not supported by other alalysts' opinions, and created unrealistic expectations.
By contrast, I believe the Gruntal target, while high (but not nearly as high, nor unrealistic, as the PW target), has not created what I believe to be unrealistic expectations for JDSU.
I'm holding going into earnings. Even if we take a hit, I believe it will be short lived.
Tecinvestor |
