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Technology Stocks : JDS Uniphase (JDSU)
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To: sea_biscuit who wrote (21357)8/25/2001 6:10:15 PM
From: RetiredNow  Read Replies (2) of 24042
 
I don't think so, Dipy. By the end of next year, telecoms won't have a choice but to spend to light up their fiber and upgrade their infrastructure to provide for the insatiable demand for bandwidth. JDSU will be their component manufacturer. Those are the underlying fundamentals which will lead to a recovery in this company by the end of next year. The stock will follow. I doubt we'll see $100 any time soon, but I bet we see this double within 1.5 years.
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