JDS Uniphase (JDSU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : JDS Uniphase (JDSU)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sam2482 who wrote (20975)	7/29/2001 12:08:33 AM
From: Cary Salsberg	Read Replies (2) of 24042

RE: "The news and results couldn't get much worse..." A short while ago JDSU lowered last Q revenue estimates to $600M and this Q to $450M. They did $601M, but lowered estimates for this Q to below $450M without giving a specific number. I think a revised estimate of $350M or $250M would be "much worse" and the price would resume a downward march toward $5. RE: "...the bold moves the company is taking..." They made no moves that were bolder than you taking out the garbage when you notice it has begun to smell. I believe that JDSU is a quality company as far as its products and technology go, but they are caught in the "Perfect Storm" of technology debacles. If you want to speculate on their stock, go ahead, but do it with objectivity. Nobody knows if things will get "much worse" and businessmen rarely make "bold moves."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next