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Technology Stocks : JDS Uniphase (JDSU)

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To: KMcKlendin who wrote (23691)4/5/2005 8:04:46 PM
From: EACarl  Read Replies (1) of 24042
 
Hi Keith, basically I'm in agreement with you.
On a relative basis, AVNX looks more expensive and will
go bust long before JDSU would. I've started in JDSU
sub $2 and have been painfully reducing my average cost
along the way, including once again today at $1.49.
Definitely not optimistic in the short term, but still
think there is a good story for the longer term.
Buy when everybody hates it, and that seems to be now.
Still I'm confused as to why management hasn't taken any
action to lower costs in the face of investor abandonment.
Good luck!

Eric.
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