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

To: SJS who wrote (5323)	1/27/2000 8:16:00 AM
From: David C. Burns	Read Replies (1) \| Respond to of 24042

Fiber Optics Front and Center: JDS Uniphase CFO Tony Muller and Gruntal Analyst Mark Langley Highlight Informed Investors Radio SACRAMENTO, Calif., Jan. 27 /PRNewswire/ -- It's a fact we learn early -- that nothing travels faster than light at 186,000 miles a second. So it's no big surprise that the fastest moving stocks in the buoyant telecommunications equipment industry are fiber optics companies led by JDS Uniphase (Nasdaq: JDSU). On today's Informed Investors Radio program, plan on hearing CFO Tony Muller. The show airs 1 - 2 p.m. EST digitally at www.informedinvestors.com or broadcast.com, and on-air at KFNX 1100 AM in Phoenix and WALE 990 AM in Providence. Listeners may send real time questions via email during the show to cohost Tim Quast at tim@informedinvestors.com. Mark Langley, research analyst at Gruntal & Co, is also scheduled to give perspective on optical networking and the state of the telecomm industry. He covers emerging growth companies in the high tech sector and special situations. At press time, Mark's schedule remained tentative, but he is scheduled to be on the second half hour. The fiber optics sector has been white hot of late, characterized by stellar stock performance and massive consolidation. At last count, 29 analysts cover JDSU, all rating it a buy of some sort. The stock is up roughly 1,300% in the past year. Other big players are SDL and Corning. JDS Uniphase has used a roll-up strategy to quickly become the world's biggest supplier of parts for fiber-optic equipment in phone networks. It designs, develops, manufactures and markets components and modules for fiber optic telecommunications and cable television (CATV) systems, laser subsystems and laser-based semiconductor wafer defect examination and analysis equipment. Demand for its products stems from rapid growth among customers, particularly Lucent Technologies and Nortel Networks. On Wednesday, JDSU announced record quarterly revenue and earnings, coming in at the "whisper number" of 18 cents a share and well above the consensus estimate of 15 cents. Also, the company has been on a recent acquisition trail, announcing last week it will buy competitor E-Tek Dynamics for $15 billion. It's JDSU's seventh acquisition since September. InformedInvestors.com is the leading producer of online and offline industry-specific investment conferences for individual investors and offers a growing stable of resources for in-depth sector-analysis including the weekly, technology-focused Informed Investors Radio. SOURCE InformedInvestors.com