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

To: Stocker who wrote (16418)	1/11/2001 7:12:19 AM
From: John Carragher	Respond to of 24042

I thought cramer knocked jdsu on an evening show with Maria around the first of the year. He came after all the tech. His recommendations were to get into large blue chips. In was in during this interview he said he doesn't short anymore. ha , ha , ha , ha ,ha What an animal.

To: Stocker who wrote (16418)	1/11/2001 7:51:34 AM
From: t2	Respond to of 24042

Stocker, Good points. It was probably the risk versus reward that caused the selloff in optical. If one company blows up, the rest of the stocks would be tanking. That could be why so many exited this market. It was the risk in a slowing environment. There was less risk elsewhere. However, we have probably factored in the risks on JDSU and that is why it held up so well lately. In addition, many will feel that just because Cisco may be a little cautious does not mean JDSU, CIEN, JNPR etc. are having problems. In addition, the recent ease with which companies like MCLD (a CLEC) are getting financing, only helps investor sentiment towards companies like JDSU. The telcos are rallying---a another positive. To me the risks have diminished significantly and many will start buying up this stock---or at least stop selling. There is no tax loss selling issues anymore. The recent price action seems very bullish to me. As for Cramer, I like his call on financials but not on buying value stocks. Also disagree with his stance on optical especially JDSU. He is not always right. I read his comments and pick up trading ideas. IMHO, this will be the year of telco (including wireless carriers), tech and financials. To me JDSU is a great buy and expect them to report a strong quarter and good outlook. The PE is now pretty good. Companies like Motorola want to outsource to save cost in their handset division. I believe there is a parallel in optical and the companies to benefit will JDSU, GLW etc. JDSU may get to being the low cost producer with their automation efforts and would more and more business from LU, NT, CIEN, SCMR etc. NT will not want to commit capital to optical component expansion. The outsourcing trend only increases in slow times. That is why I feel JDSU will be roaring this year!

To: Stocker who wrote (16418)	1/11/2001 11:03:54 AM
From: pat mudge	Read Replies (1) \| Respond to of 24042

Even the current price can't be justified if growth is slowing and sentiment turns bad. Momentum works both ways and I think many people recognize that. Lack of research of the industry has nothing to do with it. You contradict yourself. "If growth is slowing. . . lack of research of the industry . . ." If Mr. Cramer spent more time researching, he'd know that growth is not slowing and that companies supplying components and the equipment to develop components are adding manufacturing space at an unprecedented pace. He'd also know that any slowing in capex means carriers are shifting dollars from voice to data and that over-all what they need to spend is less than what they would have spent to add capacity via old technologies. There's a whole bull market going on away from tech stocks. Ex - Some of my oil & gas stocks are up 100% this year, banks doing very well also, drugs too. Congratulations. But for an investor who isn't a trader and doesn't want to move money from sector to sector, this isn't germane to our discussion. Cramer has every right to be diverse --- and I admire his ability to understand many sectors. However, he doesn't need to bash optical networking or JDSU in particular in order to justify his other investments. In fact, it's not even smart. Why set yourself up for being wrong if you don't need to? If he keeps quiet and succeeds somewhere else, no one will call him the guy who made a fool of himself by missing the most robust sector in the entire market. He's no dummy, so I have to think he likes attention. To some, actors and entertainers, for example, even negative attention is better than no attention at all. Pat