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Technology Stocks : JDS Uniphase (JDSU)

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To: Kent Rattey who started this subject5/5/2002 12:06:29 PM
From: Outer-limits  Read Replies (1) of 24042
 
JDSU has got to be one of the best contrarian plays around right now. They have 0 long term debt, book value is about 26 bucks, and they are the 800 lb. gorilla in their space. With telecoms continuing to have problems, I would say down side for JDSU is probably upper 2s to lower 3s. My basis is low 7s, so I'll wait to see how this puppy shakes out, and buy it on the way back up once it finally bottoms. I'll let the Goooombahs chew themselves to pieces, and then when they're done, I'll come in and scoop up the bargain. Good Luck, still holding the course with JDSU, and KNOW its a 2003 or even 2004 story!!!!
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