I am not worried about triple bottom breakdown because that applied to the previous JDSU. ie, when those bottoms where made SDLI merger had not been approved yet, and there was no certainty that it would be approved and under what circumstances.
Technical Analysis on a P & F chart applies only...other things being equal.., only under the p r e v i o u s circumastances. If circumstances change, you need a new chart... I would think because the premised inputs change.
Obviously here the inputs have changed:
The completed merger in the last 2 days now show that this is not your grandma's oldsmobile. This is a new, more powerful company that deserves a different valuation. we will get that new valuation Feb 12.
BTW, after acquisitions, JDSU is not even the company it was in 1999, 1998, 1997 etc. With 2 bill in cash and a stock price that will soar in the next two months , and the removal of any impediment to new acquisitions, I think you have to look at it diferently.
Meanwhile, weaker comapanies will get a different, lower valuations, which will make it easier for Big Shark JDSU to swallow them.
2 days ago I think JDSU reached critical " fusion mass... ". from here on we explode.
I may get out at $200? for
" overvaluation ". I am certain I will find a sympathetic analyst to support me? Blodgett? Srikanth?Dan Niles? I don't care really...just gimme a name....
all MHO of course,
TA |