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


To: LBstocks who wrote (1529)10/29/1999 4:26:00 PM
From: LBstocks  Respond to of 24042
 
Piper Jaffray raises estimates and price target on JDSU>

Friday October 29, 10:36 am Eastern Time
RESEARCH ALERT - JDS Uniphase view raised
NEW YORK, Oct 29 (Reuters) - US Bancorp Piper Jaffray on Friday said it raised estimates and its price target for fiber-optic equipment maker JDS Uniphase Corp.

-- Raised fiscal 2000 earnings per share estimate to $1.31 from $1.13.

-- Raised fiscal 2000 revenue estimate to $1.12 billion from $972 million.

-- Raised fiscal 2001 per share estimate to $1.95 from
$1.54.
-- Raised price target to $190 from $105.
-- Maintained "strong buy" rating.
-- Shares up 19 to 171-7/16.



To: LBstocks who wrote (1529)10/29/1999 4:29:00 PM
From: LBstocks  Read Replies (1) | Respond to of 24042
 
BancBoston Robertson Stephens starts JDSU with "Buy">

NEW YORK, Oct 29 (Reuters) - BancBoston Robertson Stephens said analyst Arun Veerappan started coverage of Canadian fiber-optic equipment maker JDS Uniphase Corp. (NasdaqNM:JDSU - news) Friday with a buy rating.

-- ``We believe the potential for accelerating outsourcing of component innovation and production by equipment makers will likely elevate the growth rates for merchant optical component vendors over the coming years,' he wrote in a report.

-- The company reported fiscal first-quarter earnings per share Thursday that topped Wall Street forecasts.

-- JDS shares were up 16 at 168-7/16 on the Nasdaq.



To: LBstocks who wrote (1529)10/29/1999 4:32:00 PM
From: LBstocks  Respond to of 24042
 
SG Cowen and H&Q reiterate "Strong Buy" and "Buy" ratings>

SG Cowen analyst Jim Kedersha reiterated a "strong buy" rating on the shares and set a new price target of $180. Hambrecht & Quist analysts reiterated a "buy" opinion on the stock.



To: LBstocks who wrote (1529)10/29/1999 4:34:00 PM
From: LBstocks  Respond to of 24042
 
Warburg Dillon Reed ups estimates and price target on JDSU>

NEW YORK, Oct 29 (Reuters) - Warburg Dillon Read said it raised the 2000 earnings estimate on JDS Uniphase Corp. (NasdaqNM:JDSU - news) to $1.27 a share from $1.09 a share.

-- said raised the 2001 estimate to $1.67 a share from $1.50 a share.

-- said raised the price target to $175.

-- said JDS Uniphase's first fiscal quarter earnings exceeded exceeded Warburg's expectations due in part to higher-than-expected revenues and a lower tax rate.

-- said views JDS Uniphase as ``the premier name in the optical components market.'