UpNDown,
That one seemed to be overdone, don't you think?
I don't follow JDSU at all. Sorry. I lump them in with rest of the dot coms that I never touched then, and won't touch now. I still think CRAY makes for an interesting takeover target, though. If I were IBM, I would buy them (for pocket change), just to make sure that SUN, HP, or Dell didn't.
That reminds me, I need to check to see when they announce earnings. I think that revenue from Red Storm and derivative commercial products, as well as Octigabay derived products, is just now picking up. Earnings could once again be bad, and cause another drop in stock price. For me, that would represent the bottom and be a good entry point. On the other hand, the price is already low, and they could meet lowered expectations and have a great outlook. Hmmm, I better buy some now, and more if it drops on earnings.
Pravin. |
