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: zbyslaw owczarczyk who wrote (16789)	1/21/2001 5:39:47 PM
From: pat mudge	Respond to of 24042

JDSU in the news: From Barron's, Turner's Stock Picks: interactive.wsj.com@6.cgi?mfmuse/text/barrons/data/SB979955826630953875.djm/&d2hconverter=display-d2h&NVP=&template=atlas-srch-searchrecent-nf.tmpl&form=atlas-srch-searchrecent-nf.html&from-and=AND&to-and=AND&sort=Article-Doc-Date+desc&qand=&bool_query=jdsu&dbname=%26name1%3Ddbname%26name2%3Ddbname%26name3%3Ddbname%26period%3D%3A720&location=article&HI= [Number 8 on the list: A dominant provider of optical components. As optical systems replace electrical systems, it will be a major beneficiary. ] Barron's, "Who Will be the Next Tech Gorilla?" interactive.wsj.com@6.cgi?mfmuse/text/barrons/data/SB97994352488794436.djm/&d2hconverter=display-d2h&NVP=&template=atlas-srch-searchrecent-nf.tmpl&form=atlas-srch-searchrecent-nf.html&from-and=AND&to-and=AND&sort=Article-Doc-Date+desc&qand=&bool_query=jdsu&dbname=%26name1%3Ddbname%26name2%3Ddbname%26name3%3Ddbname%26period%3D%3A720&location=article&HI= Before Microsoft, there was no other software developer like it. Before Cisco, there was no other networking gear maker like it. And before JDS Uniphase, there was no other telecommunications component company like it. And so on, Smith says. But how does a fast-growing tech concern catch the fancy of Wall Street and build the shareholder value necessary to crush those competitors in its path? Through mergers and acquisitions, Smith says. "JDS became a gorilla through an aggressive acquisition program. And there are going to be a lot more gorillas in the future," he argues. Of course, there is an obvious self-serving benefit to preaching growth-throughacquisition when you're in the M&A advisory business. But Smith says he learned the hard way as head of business development at a Bay Area technology firm that moved too slowly on a plan to merge and was left in the dust. . . . But the explosive rise of JDS Uniphase may best illustrate Smith's message. Between 1996 and 1998, then-Uniphase of San Jose was barely a blip on tech managers' screens. It wasn't until it began its M&A binge in 1999, including its mega-merger with JDS Fitel of Canada, that its shares began to take off, soaring as high as 153.42 in 2000. The company's market cap has risen from $756 million in 1996 to $39.36 billion at the end of last year, which is off its high because of the tech wreck of last year. In 1996, JDS Uniphase's market cap was 8.7 times revenues. At the end of 2000, it was more than double that at 19.8 times revenues, Smith notes. . . . WSJ, mention of earnings: public.wsj.com The barrage of earnings reports continues next week. Among the companies investors will be keeping a close eye are Compaq, EMC Broadcom , all of which will release their results Tuesday. JDS Uniphase PMC-Sierra will issue their quarterly reports Thursday.

To: zbyslaw owczarczyk who wrote (16789)	1/21/2001 10:54:27 PM
From: t2	Read Replies (3) \| Respond to of 24042

Scott Moritz (street.com) and friends won't give it up. I am now finding them amusing; Sagawa was hilarious when he commented on Nortel after the earnings. He should realize that when the market has an appetite for low grade bonds of communication companies, it signals an explosion in spending is on the way. These guys just pushed some stories so far and are now trying to continue trying to prove their silly thesis. It is sad that these people scared so many investors into dumping the shares. Now we should see the flip side of that. Of course he continues to avoid the real issue: That being, the reallocation of budgets to newer technogies like optical. So even if absolute spending decreases, optical spending continues to increase just like before. Hope this reporter (or mouthpiece for the hedge fund) goes to JDSU website and watch the presentation the company made on january 9/2000. Nah...I guess it is better to keep quoting these anonomous hedge fund people who are caught in a bad short position.<g> "Some of these companies may be giving investors false hope. There's no reason to think that lower interest rates will mean the bad times are over," says a New York networking analyst who asked not to be identified. That makes me laugh--why be afraid of being identified. The quote from the hedge fund manager in Moritz's story is even funnier. ------------- Did anyone catch the 1.25 billion junk bond offering by Nextel on Friday. They called it a "drive by" deal. Out of nowhere and the market was there for it. Prior to that we had Mcleod USA having oversubscribed bonds. Yes..it is really hard to raise funds in this environment when companies can do "drive by" junk bond debt offerings. <ggg>