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


To: Joanne Fishman who wrote (11401)7/17/2000 6:38:23 PM
From: t2  Read Replies (3) | Respond to of 24042
 
Arun Veerappan, sr. fiberoptics analyst for Robertson Stephens, was just on CNBC. Maria asked him his favorite stock: JDSU! He says he is expecting "tremendous results" when JDSU announces next week. He thinks the stock is a good buy now as it's down because of the mergers. He sees JDSU's situation as being very good now and through the end of the year.

Joanne, That was a good interview. His comments made sense.

Yesterday, I saw some other analyst yesterday that liked JDSU stock long term but was concerned it won't move much until after the deal. That does not seem logical to me--at least in this sector.

Arun's arguments made a lot more sense in that JDSU is a good buy right now---thanks to its underperformance of late due to deal making.



To: Joanne Fishman who wrote (11401)7/17/2000 7:34:57 PM
From: SJS  Respond to of 24042
 
PMCS and AMCC have already show this quarter that the cream rises to the top, so people continue to want them. I don't think JDSU is any different, and we'll have our day in the sunshine very soon.

I am currently continuing to build my position in the stock for further appreciation.

Steve