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

To: Kayaker who wrote (13422)	10/26/2000 4:45:48 PM
From: jmac	Respond to of 24042

True, there are a lot of nervous nellies trading betwen 8:30-3pm and a bunch in after hours trading. But this trading is valid and there is no liquidity crunch in JDSU today.

To: Kayaker who wrote (13422)	10/26/2000 4:54:13 PM
From: Kayaker	Read Replies (1) \| Respond to of 24042

<font color=green>Shaking Off Lucent Woes, JDS Beats Targets By Scott Moritz Senior Writer 10/26/00 4:38 PM ET Updated from 4:17 p.m. EDT: Optical component maker JDS Uniphase (JDSU:Nasdaq - news) Thursday beat Wall Street's earnings and revenue expectations, temporarily quieting fears of a widespread slowdown among makers of Internet gear. JDS reported pro forma first-quarter earnings of 18 cents a share. That beat the First Call/Thomson Financial consensus by 2 cents and more than doubled the year-ago 8-cent profit. First-quarter revenue jumped 23% from fourth-quarter levels and 171% from a year ago, hitting $786.5 million for the period. One analyst said he expected revenue to rise only to $763 million. The strong results suggest JDS shook off latest-period troubles at big equipment maker Lucent (LU:NYSE - news), whose most recent earnings shortfall this week cost the job of CEO Rich McGinn. Lucent accounted for 22% of JDS' business in recent quarters. JDS' results will be closely watched by investors, who fled the once-hot optical sector Wednesday after equipment bellwether Nortel (NT:NYSE - news) failed to hit Wall Street's ambitious revenue targets.... thestreet.com