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Technology Stocks : JDS Uniphase (JDSU)

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To: Kent Rattey who wrote (9861)	4/28/2000 10:27:00 AM
From: pat mudge	Read Replies (2) of 24042

The chief source of ETEK's technology was Simon Cao (38 years old, 36 patents, and an optical genius). As I described in an earlier GTR, Cao is now producing his patents and inventions for Avanex." The S-8 states they have one patent issued and the rest pending. Many are jointly held. I've read the full TGR article and find it inexcusably lacking in information as it pertains to making investment decisions. If he's the Jules Verne of the telecosm and as such is merely informing the public about future technological breakthroughs, he should make an attempt to write in a manner that reflects a more scholarly approach, not focus on making a killing in the stock market. Do his subscribers pay the yearly fee to read about break-through technologies or to get a leap on other momentum players and pocket the gains? There's a chasm between what he says he does and what he does. No matter how well-intentioned he is, in reality he's running a glorified Ponzi Scheme. Pat

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