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

To: t2 who wrote (6272)	2/14/2000 11:32:00 AM
From: Andy Yamaguchi	Respond to of 24042

I am adding ADCT as my top pick for fiberoptic stocks. ADCT is undiscovered and its passive fiber optic component business grows very fast. It is also a DWDM component play. They are shipping 100 Ghz and 50 Ghz DWDM components. They also have other passive fiberoptic devices such as coupler... They are also in active component business. It is very undervalued comparing to other fiberoptic stocks.

To: t2 who wrote (6272)	2/14/2000 11:49:00 AM
From: Nichols	Read Replies (3) \| Respond to of 24042

t2- With all due respect, you do realize that stock such as JDSU do not go straight up? you do realize that they correct, often? you do realize that JDSU could stay in this trading range for some time? you do realize at the end of the year it could even be lower than it is today? I ask you these questions because your posts seem to reflect an attitiude that gravity will move this stock higher, that JDSU MSUT go higher. It was a few short weeks ago when JDSU was at its high of 248, when you predicted we'll hit 275 by earnings. Ever since then you've been beating the drum, almost daily, that "JDSU is in a good position for a move." If I offended, I am sorry, but its getting tiresome. (BTW, JDSU is my 2nd largest holding)

To: t2 who wrote (6272)	2/14/2000 12:07:00 PM
From: Boplicity	Respond to of 24042

One of these days investors are going to wake up and see that the number stocks in the optical sector are become less and less daily it seems, and one of the better plays, in this fast growing sector (see story below), that has already correct will be JDSU. <<Nortel To Spend $260M, Hire 3,400 for Fiber Optics On Top of Nortel's Previously Announced Plan To Spend $400M To Hire 5,000 Workers and Triple Capacity This Year from Bloomberg News BRAMPTON, Cananda (Feb. 14) -- Nortel Networks Corp., North America's No. 2 phone-equipment maker, will spend $260 million to hire 3,400 workers and boost production to meet demand for its fiber-optic networking gear. The hiring will be split between plants in Canada and the U.K., where the company makes parts and systems that carry information on strands of glass known as optical fiber. Nortel, based in Brampton, Ontario, is likely to complete the hiring this year. Nortel is racing to satisfy demand for its optical systems as communications companies add capacity to handle the surge of Internet and data traffic on their networks. The staff additions come on top of Nortel's plan, unveiled three months ago, to spend $400 million to hire 5,000 workers and triple capacity this year. ``Our global network of Optical Internet system houses and people will provide us with a competitive edge in the race to build the high-performance Internet,' Chief Executive John Roth said in a statement. Shares of Nortel rose 2 3/4 to 121 3/8 in early trading. They've risen 20 percent this year. Nortel employs about people 70,000 worldwide. It said the market for optical-networking gear is increasing 56 percent a year and will reach more than $35 billion by 2001. Failure to meet the demand could open the door for competitors such as Lucent Technologies Inc., Alcatel SA and Ciena Corp. Lucent is tripling its capacity to make OC-192 systems, the fastest type of fiber-optic networking gear. Lucent last week agreed to acquire Ortel Corp. for $2.95 billion to add optical components that speed traffic on cable-TV networks. Optical Leader Nortel moved to the No. 1 spot in optical networking last year, overtaking Murray Hill, New Jersey-based Lucent. Nortel's Roth has predicted the company's sales of such equipment could rise to $10 billion or more in 2000 after climbing 80 percent last year. Nortel's total 1999 revenue was $21.3 billion. Nortel will invest $102 million in Ottawa and $84 million in Montreal. The company will spend $64 million in Paignton in southwest England and Monkstown in Northern Ireland, and $10 million at other plants. The jobs will be in manufacturing, engineering, supply-chain management and customer service. Nortel has been trimming staff in other businesses. The company announced 11,500 job cuts in 1998 and early 1999 and plans to eliminate as many as 1,000 positions this year as it reduces overlap and contracts out more tasks. >> Greg