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

To: Guy Gordon who wrote (4378)	1/12/2000 5:31:00 PM
From: SJS	Read Replies (1) \| Respond to of 24042

GUY, AMAT is buying ETEC, NOT ETEK. Different companies, same homonym.

To: Guy Gordon who wrote (4378)	1/12/2000 5:33:00 PM
From: Claude	Read Replies (1) \| Respond to of 24042

It's not ETEK - it's ETEC. Briefing screwed up. Claude

To: Guy Gordon who wrote (4378)	1/12/2000 5:35:00 PM
From: LBstocks	Respond to of 24042

Deleted

To: Guy Gordon who wrote (4378)	1/12/2000 8:46:00 PM
From: Guy Gordon	Read Replies (1) \| Respond to of 24042

Talking heads captured by TvEyes: CNNFN 1/12/00 - 11:40:37 AM ..... Terry: As a matter of fact, brian finnerty will be along to help us in our discussion about jds uniphase Bill: Good idea. >>> Our stock of the day today is one of the top stocks of the last decade. The optical communications maker, jds uniphase , rose almost 1000% just in 1999. But is there still room for the stock to go even higher and earn our investors some money? >>> Jds uniphase is considered the 800-pound gorilla of fiber-optic networks. The company builds lasers and filters that allow signals to travel faster over the internet. As companies like at&t and mci worldcom spend the big bucks to improve their networks, jdsu stands to benefit. The company is expected to grow a healthy 45% over the next five years, outstripping the sector's average growth of about 30%, just one reason why the stock has multiplied 12 times in 1999. The bulls are screaming "buy" on the stock because of high demand for the company's optical products, and analysts cheer jds' strategy of expanding through smart acquisitions. But the bears say the company's purchases are weighing on its earnings. And the stock is looking mighty expensive. So the question is, should we beam some shares of jds uniphase in our "in the money" portfolio? >>> Joining us now to talk more about jds uniphase is brian finnerty, of c.E. Unterberg, towbin. He's their head of nasdaq trading and joins us now from the nasdaq marketsite. Hi, brian. >> Hi, terry. Hi, bill. Bill: What's your take on jds uniphase It was up more than 10-fold last year. Is it too expensive. >> I don't think so, terry. I think the problem with jds uniphase is it's never going to be a cheap stocks and the reason is you guys just said it in the report, they are the clear cut leader in speeding up information flow through the cable to the internet to the television networks to everybody. What our analyst calls it is it's the fat pipe. In other words, the pipe is narrow right now going into the internet. Jds uniphase opens that pipe way up and floods the information in quickly. These guys are the leader. They've demonstrate it time and time again mostly through very smart acquisition. They're almost like the intel is to the semiconductor industry maybe 10 or 15 years ago. I don't think it's anywhere near too expensive if you look at it that way. Uniphase is never going to trade at a cheap multiple. Terry: You're a trader. We're looking for the trader perspective and there's been a lot of upside momentum. Stocks don't keep rung up like that. Terry: Bill, i gotta tell you this. The stock, when the last thursday night when lucent announced their short fall, jds uniphase had closed right around 153, 155. The stock was trading in after hours trading at 140, 141 and people were afraid to buy it because they said oh, my goodness. They're going catch a falling knife here. It turned out the next morning they couldn't get enough product from jds uniphase. The stock went up 30 points that day, 20 the next and has been pulling back a little bit since, but as a trader you see it building these bases and it's almost like we've said earlier about a yahoo! You've got to buy these dips. That's the time to buy it, but what happens psychology doesn't work that way. Uniphase is never going to be a cheap stock. Bill: Does it have any competition? Any other stocks that dot same thing that you might like. >> Yeah. There are competitors. I have one, terry, that we like. As uniphase is to the cable, the speed-up of information flowing through the cable, we have one is a wireless satellite company called, the symbol is adap and it's adaptive broadband. Adap, much small are company than uniphase, not the clear .....