JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Lizzie Tudor who wrote (23770)	9/24/2005 11:22:02 AM
From: Lizzie Tudor	of 24042

And, finally, JDS Uniphase (JDSU:Nasdaq - news - research - Cramer's Take) announced Friday it will seek shareholder approval to do a reverse stock split. Cramer called the move "brilliant" because with fewer shares outstanding, it will allow JDSU to show more meaningful earnings-per-share growth. Now, if only Lucent (LU:NYSE - news - research - Cramer's Take), another company with a high share count, would "do the same," he said. thestreet.com I think they need more than a 10:1 reverse, personally. More like 20:1. But anyway, as we discussed here previously, they must at least be anticipating some kind of uptick because why reverse if you still have large losses.

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