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


To: lawdog who wrote (8410)4/4/2000 5:00:00 PM
From: t2  Read Replies (1) | Respond to of 24042
 
If you are buying for the long term and not risking too much, one can feel pretty good about holding JDSU. Now an optical switch is being added to their business.

Furthermore, i would expect the DOJ to approve the merger with ETEK. If it was a borderline issue with them, I would guess they will have now leaned towards approving it. They are having too much fun with MSFT and at the same time are afraid of disrupting the industry.

With ETEK and Cronos, this stock is the one to hold in this sector. By January, I don't expect it be less than at least a double from current prices. Along the way, we will see lots of bumps. As long as people are willing to hold the Ariba, Commerce One, Yahoo and Exodus type of stocks, I would think JDSU will have an incredible year in terms of stock price performance.