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Non-Tech : The Critical Investing Workshop
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To: abuelita who wrote (19291)5/18/2000 3:25:00 PM
From: Jim Willie CB  Read Replies (6) of 35685
 
JDS Uniphase CEO Kalkoven resigns, and will perhaps cut 10% off stock price in next few weeks

three major threats to a stock
- legal entanglement
- product failure
- loss of executive leaders

but fortunately, the newly merged JDS Fitel CEO Franz will keep things together
I loved his chapeau
he spoke well, showed poise, seemed like a leader
his people love him, so I hear

I still think JDSU will drop 10% from the loss of KK
the stock was trading at 55 times sales, very vulnerable here still

/ Jim
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