JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: pat mudge who wrote (11107)	7/7/2000 11:52:55 AM
From: Curtis E. Bemis	Read Replies (1) of 24042

JDSU touted in BusinessWeek --11:42 am - By Michael Baron JDS Uniphase (JDSU: news, msgs) is advancing 4 3/8, or 3.8 percent, to 118 3/8. The high-flying fiber optic firm is the subject of a favorable article in the latest issue of BusinessWeek. Gene Marcial's "Inside Wall Street" column quotes Jay Nakahara, managing director at Invesco, as saying investors should take advantage of weakness in the share price to snap up a stake in JDS Uniphase, arguing that the stock is "very cheap and very attractive" because it lags behind some of its competitors on a price-to-earnings ratio basis. Nakahara thinks JDS could hit $175 by the end of the year, according to Marcial.

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