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Technology Stocks : JDS Uniphase (JDSU)

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To: BWAC who wrote (21320)8/21/2001 7:35:41 PM
From: Cary Salsberg  Read Replies (2) of 24042
 
RE: "Wouldn't touch JDSU at 60, 50, 40, but I will maintain a long position anywhere under 10 regardless..."

With 1.32 million shares outstanding, what kind of revenues are you expecting over the next five years to support your under 10 price. I would like to work up the courage to sell some puts. I remember, recently, a $0.50 premium on a $5 strike price. That nets at $4.50 and I was not ready to jump because i don't have a handle on revenues.
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