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


To: burn2learn who wrote (16835)1/22/2001 7:49:30 PM
From: t2  Respond to of 24042
 
Mike, I just updated my post on VTSS. It was obviously the forward looking guidance for 10 to 15% growth that seemed to not sit well with some investors afterhours.

I expect a mid quarter revision to about 20%; the company probably sees no reason to be aggressive on growth rates and seemed to hint at the possibility of upward revisions. However, they prefer this instead of revising downward later on.

I would say that they are doing the right thing in being conservative. Market does not reward companies with aggressive growth targets in this environment anyways; actually the market does the opposite, it waits for a warnings and that prevents a stock from making gains. Strange but true.