Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Joe Giorgianni who wrote (15395)	12/25/2000 2:47:36 PM
From: Steve Warkentin	Respond to of 24042

Liz Ann Sonders, portfolio manager at Campbell, Cowperthwaite/US Trust, said Thursday that JDS Uniphase is a strong play in the optics sector. : "I still love the optics sector, with JDS being the premier player in the components piece of that. They're the biggest, the most diversified. They have the most technical expertise, the best manufacturing capabilities, and the most diverse customer base and management team. [I can foresee] that JDSU and the industry could grow over 100 percent for the foreseeable future."

To: Joe Giorgianni who wrote (15395)	12/25/2000 3:22:05 PM
From: t2	Read Replies (1) \| Respond to of 24042

I found this to be a balanced thread. I don't see overly optimistic comments. I don't think that many people are taking huge positions in any one stock. True..People are bullish on the long term prospects for the company and so far I have not seen anything coming from the company that indicates this is not true. We just had an incredible tech wreck that any company with a high PE got hit. No matter how much JDSU management had increased earnings estimates, the stock would have gone nowhere due to the market trends....and the trend was to take as much out of high PE stocks. Also note that many here are just trading the short term trends. Not everyone is just putting their shares away. I trade short term a lot. I put little in a long term hold and try to play the market trends as much as possible---whether it is tech or other sectors. Just because there are a few bullish comments, it does not mean that these people are going to be long term holders. I did buy on the rumors Friday but plan to sell the trading positions soon. Trading it, thinking the company will not make any negative comments prior to the earnings and people may cover short positions just ahead of the earnings. Planning on dumping the trading position at the first good opportunity. Still keeping my core holdings in JDSU--which is not that large of a position for me. The PE and growth rate seem to indicate JDSU is a bargain right now....for the long term. Economy and meeting its revenue/earnings targets are the bigger question mark for JDSU stock. Seems OK for now but there are investors who don't like the risk of holding aggressive growth stocks when economists start talking about hard landings or recessions. Bottom line (IMHO)--the trend towards being risk averse, is what really hurt JDSU. It had little to do with the company itself. Just one massive valuation adjustment. The other trend is towards diversification of assets in mutual funds among sectors--meaning you may get gains just as good in financials as you get in tech. Given that overall risk is reduced by diversification (in different sectors), it makes sense to play this trend as well.