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Technology Stocks : JDS Uniphase (JDSU)
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To: IngotWeTrust who wrote (23859)11/15/2005 11:46:12 AM
From: Elroy   of 24042
 
Absolutely for it. In terms of EPS, it will take ~$13 million in net income to move the EPS from 1 penny to 2 pennies. For a company only doing ~$260m per Q in sales, that is too big a jump just to get a penny. The 1 for 8 reverse will change that amount to ~$1.5 million allowing a lot more meaning and granularity to the EPS shifts.

And now, off to the bar!
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