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

To: William T. Katz who wrote (13529)	10/26/2000 7:11:13 PM
From: couldawoulda	Read Replies (2) \| Respond to of 24042

What a joke! "JDSU has tacked on 9 points to 83 7/16 after hours at the time of this writing, but we would caution against believing that the optical sector's woes have ended with this one report." One report? I count five now that have been very bullish. GLW, SDLI, JDSU, NUFO & even NT's can be construed as a bullish report. This reporter obviously did not like seeing such a bullish report and was probably hedged against the opposite happening. WCOM is suffering from being over extended in the long distance telephony market. Where do these people come from? So much for objectivity.

To: William T. Katz who wrote (13529)	10/26/2000 7:31:42 PM
From: t2	Respond to of 24042

These guys confuse overall spending to spending on optical. As Corning stated in their conference call---"spend or die" (on optical). That is basically the reality faced by traditional voice carriers. How long are they going to make money on voice tranmission--the CEO of Cisco predicted it will become free a couple of years ago (from what i recall). That is why their overall spending budgets come down. It is basically data that will make the carriers some money and that is why they won't cut back. Also saw a note that they are making progress on metro and that will be huge for them! They fail distinguish spending on data versus the traditional spending on voice. Still interesting reading some of these negative reports. They have been doing these a few months (started by Sagawa). The real story is now being told and possibly will be understood by the market in the coming days. Given all these negative points of view---it tells me that many hedge funds are going to get a beating from their short positions in the near term and I am going to enjoy watching it. Many others are going to come to their senses and start buying. Up to now,the negative opinions had the upper hand and that is why we can see huge gains. Too many people got caught off guard by the JDSU earnings and that is my basis for an explosive move.

To: William T. Katz who wrote (13529)	10/26/2000 7:36:21 PM
From: 16yearcycle	Respond to of 24042

So, essentially there is NOTHING jdsu could have reported that would have satisfied this dude, since they will be the last to know, right?

To: William T. Katz who wrote (13529)	10/26/2000 7:44:06 PM
From: pat mudge	Read Replies (5) \| Respond to of 24042

Second and just as important: the fact that JDSU doesn't see any demand issues does not mean that there are no demand issues. Just this morning, Worldcom (WCOM) reported that it will reduce its 2001 capital expenditures plan. Do you think that JDSU has seen this demand weakness yet? Absolutely not. Sometime next year, WCOM will be less aggressive with its purchases of optical systems. Then those optical systems companies will be less aggressive with their purchases of JDSU optical components. Being a components maker, JDSU is very much a lagging indicator. Does Briefing.com think JDSU's management didn't looked out a couple years before ramping their production across all lines by a factor of four? While carrier spending rates may contract, there is no way Briefing.com could predict a pull back in optics. To the contrary. Based on what was said by Lucent and Nortel, there will be a marked slowdown in circuit-switch-based spending and increased spending in IP-based systems. So even if over-all spending eases, the part that matters to JDSU and SDLI will expand. Being a components maker, JDSU is very much a lagging indicator. Quite the opposite. Being a components' maker makes these guys forward indicators as their products are designed into systems long before they're put in the field. This article has all the markings of someone in a highly-leveraged short position who stands to lose his hide in the buying panic that's already begun. You know that feeling you get when someone gives you too many excuses for being late? One you might have believed, but having them piled on top of each other as if so many multiple-choice options, you have to wonder if they're really just hoping one might apply. Briefing.com comes out with some great reports, but this isn't one. Pat