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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn McDougall who wrote (1523)10/29/1999 7:56:00 AM
From: Glenn McDougall  Respond to of 24042
 
From the gorilla and king thread
btw JDSU is currently viewed on this thread as a King... anyone involved with JDSU should keep this thread on their watch list imo)

JDSU has had a huge run-up prior to tonight's earnings announcement (.29/share, four cents above consensus, one below whisper number), and could quite easily drop significantly due to profit-taking.
On the other hand, the report was generally very good, and the company's future prospects look very bright indeed. So there's no reason to expect the stock to drop down hugely or stay down long. My
own advice would be that while you might want to consider shopping a bit for a good short-term entry point once you've decided to buy, trying to time it in a larger sense would probably be a mistake
(unless you're real good or real lucky).

BTW, this post from the Fool's chief JDSU guru has some nice links for those interested in the King of optoelectronic components:

boards.fool.com

tekboy@nowifIcouldonlyspellCalchoven.com