To: Boplicity who wrote (144481 ) 10/13/1999 10:39:00 AM From: Boplicity Respond to of 176387
thread, someone awhile back asking me how a pick stocks to buy below is a something from Lutts that illustrates what I look for. Take notice of the % increase every qr. in the numbers. I was taught to look for this by my first and last full service broker, and 80 year old man. We used to pour over Daily Graphs together looking for stocks with the below stats. << To: Glenn McDougall (1258 ) From: LBstocks Wednesday, Oct 13 1999 9:40AM ET Reply # of 1260 Tech Advisory: JDS Uniphase: A Bull Market of its Own (JDSU) Wednesday, October 13, 1999 -------------------------------------------------------------------------------- October 13, 1999 -- Strong growth stocks that do not give up ground during market thunderstorms are likely to outperform going forward, according to momentum advisor Carlton Lutts. Illustrating this point is JD Uniphase (JDSU). "Look at the price chart and note that the stock just doesn't know how to turn weak for more than a few days," he says. He says that while the Dow gyrates, JDS Uniphase is "in a bull market of its own." JDS Uniphase makes advanced fiber optic components and laser systems and are a compelling play on the telecom, fiber optic and Internet infrastructure arenas. The company's high-margin products are expensive, but the companies that use them save a great deal of money as they dramatically increase a system's bandwidth. "There is no company in the component area with the scale and bandwidth of its product line, and it is one of the few pure ways to play fiber optics outside of the service providers," Lutts says. Growing sales bear out Lutts' optimism; sales rose 43%, 40%, 55% and 68% in the past four quarters. Earnings growth is also compelling, growing 11%, 36%, 25% and 47% over the past four quarters. Profit margins are also gaining and the firm has no debt. Lutts also points out the JDS Uniphase has plenty of room to grow as it is still a small company with sales of just $283 million. He maintains a buy recommendation on JDS Uniphase.>>