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Technology Stocks : Bookham Technology

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To: Mahatmabenfoo who wrote (229)8/15/2002 4:26:58 PM
From: jrzbiz  Read Replies (1) of 376
 
Out on Briefing.com Positive news JDSU.


15:28 ET JDSU JDS Uniphase: positive comments from Thomas Weisel (2.39 -0.19)
Thomas Weisel believes that JDSU stands to gain from recent announcements that AGR.A, NT, and ADCT are looking to exit the optoelectronics biz; while end-mkt demand remains difficult, JDSU has begun to target applications further into the network, and has also been targeting a larger percentage of R&D dollars towards areas of the network (such as metro) that pose the potential to return to growth ahead of the long-haul segment. Reiterates BUY rating.
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