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Technology Stocks : JDS Uniphase (JDSU)

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To: Ian@SI who wrote (22588)5/5/2002 5:46:37 PM
From: ron delany  Read Replies (2) of 24042
 
i'm afraid book value is much lower than that. they just knocked off another 3.19 in the last earning report. yahoo just hasn't posted it yet. BV on this puppy is around $2-2.50 share. the good news is that they can't knock it down below zero so we've seen the last of the massive writeoffs. total goodwill left is less than $1billion. As long as they don't spend all that cash on some hairbrained scheme and the biz picks up again they might be a great turnaround in a few years.
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