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

To: Boplicity who wrote (1736)	11/4/1999 11:40:00 AM
From: DOUG H	Read Replies (1) \| Respond to of 24042

good snag.

To: Boplicity who wrote (1736)	11/4/1999 1:09:00 PM
From: Lee	Respond to of 24042

Hi Greg,..Re:.IBD article this morning on JDSU In case this hasn't been posted. Enjoy. <g> ____________________________________________________________________ Fiber-Optics Heavyweight Strengthens Hold On Market Date: 11/4/99 By Eric Feigenbaum Investor's Business Daily When it comes to telecommunications, everyone's making the jump to light speed. It turns out light can carry sound across a cable much faster than traditional electric signals. It also carries data and video as fast as 10 gigabytes per second across a single strand of glass fiber. That's what makes fiber optics so attractive to big telecom companies: high speed, high volume and lower costs. What's more, optics equipment makers think they'll continue to develop new products that transmit even more data at even faster rates. If you can mass produce reliable fiber-optic equipment, companies find, you can expect a strong business. That's good news for JDS Uniphase Corp. The company earned 29 cents a share in its fiscal first quarter, ended Sept. 30. That's up 107% from last year. Sales jumped 104% to $230.1 million. "It's one of those great growth names the market sees every once in awhile," said Jim Jungjohann, analyst at CIBC Oppenheimer. "Investors know there are a lot of options for telecommunications providers, and they know these guys are doing well." Fiber optics eventually will replace traditional cable in almost every market, Jungjohann says. And that's not just in the overseas lines where fiber optics got its start. The fiber-optic revolution comes down to one invention, says Chris Crespi of Banc of America Securities — the optical amplifier. The amplifier helps conduct a light signal across a long, thin line. JDS Uniphase has one of the optical amplifier's inventors on its research staff. "These guys had a vision," Crespi said. "They wanted to be the big merchant optical provider. They're very shrewd about the markets they enter." JDS Uniphase tries to limit its product scope. That way, it can produce the items its customers — mainly long-distance voice and data carriers — want the most. Still, with a heavy demand for fiber-optic components, JDS Uniphase faces the constant problem of trying to maintain the capacity to fill orders for all its customers. That's a good problem to have, says Chief Executive Kevin Kalkhoven. It means customers seek out JDS Uniphase products. "It's also a firm recommendation and validation of the strategy the company has," Kalkhoven said. "But the nature of the Net, or the Web itself will change. We have to make sure the technologies we have in place are up to par. We also have to really meet customer demands." That means two things for JDS Uniphase. The company has to look at what kind of demands different networks have and exactly how much capacity fiber-optic equipment needs, Kalkhoven says. But it also means creating fabrication facilities with scalable volume to meet the ongoing surges in demand. JDS Uniphase has several plant expansions under way. It added several more through purchases of smaller companies. The company does a good job of balancing the need to innovate, improve the reliability of existing products and increase product volume, Crespi says. But just keeping up with technology and demand doesn't satisfy JDS Uniphase management. Kalkhoven wants to see his company's strength in making individual components turn to a specialty in producing whole systems. The company must integrate components to the specifications of larger customers, Kalkhoven says. "We will be the first merchant company in this business," Kalkhoven said. "In what we do now we're already bigger than all the others combined. We clearly have the strategies in place to make sure we achieve it." The advantage to having a well-regarded product is that it can set the industry standard if it becomes common enough. Consider how operating software can work for PCs, Crespi says. In a similar way, he adds, JDS Uniphase is creating a common platform in the optics market. That could translate to earnings growth. Analysts expect the company to earn $1.27 a share in the 2000 fiscal year ending June 30, First Call says. Profits could jump to $1.80 in 2001 and $3.04 in 2002. JDS Uniphase trades as JDSU near 168. It helps that JDS Uniphase is really a combination of two longtime market leaders. JDS and Uniphase merged in March, combining two strong management teams, Jungjohann says. Chief Operating Officer Jozef Straus handles day-to-day administration, while Kalkhoven focuses on strategy and planning. "This is one of the few mergers where one plus one equals three," Jungjohann said. "There are nice complements between managements." investors.com

To: Boplicity who wrote (1736)	11/4/1999 2:02:00 PM
From: LBstocks	Respond to of 24042

Tech Advisory: Uniphase Rides High Despite Market Drop (JDSU) Thursday, November 4, 1999 -------------------------------------------------------------------------------- November 4, 1999 -- Stock in JDS Uniphase (JDSU) dropped along with the general market in September 1999. But growth stock guru Jim Collins notes that the stock had tripled in 1999 before the market decline. Collins has high hopes for Uniphase and cites a 121% increase in last quarter's net income as proof. This comes on the heels of a 53% revenue rise for the year. Volume has also been increasing with roughly 2.3 million shares traded daily (1.8% of the float). JDS Uniphase makes and markets a comprehensive set of products for the exploding fiberoptic communications market. Customers include such top telecom and cable TV system providers as Alcatel, Lucent, Nortel, Siemens, Tyco, Ciena, Scientific Atlanta, Pirelli and General Instrument. Uniphase's wares help transmit, route and manage optical signals in fiberoptic networks. The company also provides OEM customers with test instruments used in system production and network installation, and its laser subsystems business addresses a broad commercial market in such industries as biotech, graphics and printing, and industrial process control. Though telecom and cable TV are competitive fields, Collins says good customer service and plans for more acquisitions make Uniphase a good bet. Collins maintains a buy recommendation on JDS Uniphase and holds positions in all of his model portfolios. For more on Jim Collins' advice see "Analysts' Review," November 1999, OTC Insight. Growth stock advisor Jim Collins focuses on the inefficiently priced over-the-counter market and uses analytical techniques to select stocks and create portfolios. OTC Insight is one of the top performing letters for the past five, eight and ten years according to independent newsletter monitor Mark Hulbert.