I heard the the CEO of JDSU on CNBC a week or two ago who said everything was fine, on plan, doesn't worry about the day-to-day stock price
Jim, I own some JDSU also (that I'm slightly underwater on), listened to the same CNBC clip, and Kalkoven and Schwartz are light years away. Why - JDSU hit its numbers, the business plan is on track, management over there has demonstrated pro-activity (not ex post facto firefighting).
JDSU is not the only "underwater" stock I have where the company, and its management, have their act together.
That's all we investors can ask of a management.
I also agree the non-G* LOR part of the CC was a lot better (and posted to that effect on the LOR thread). Same presenter, but he had actual facts like: size of SS/L backlog, its order bookings, itemized project budget amounts, transponder capacity utilization by satellite, etc.
My bashing, if it's that, is performance-based, including management's apparent lack of grasp of the G* situation.
And Jim, if you wait another six months and the story doesn't change, it will be way too late for you to salvage your investment. If on Monday morning they miss the minimalist estimates provided by CEUT, I'll take my losses and be watching from the stands next to Valueman. |
