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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: If only I'd held who wrote (48527)3/6/2001 5:57:46 PM
From: Brasco One  Respond to of 57584
 
they are selling jdsu ah...

JDS cuts forecast amid weak sales outlook
(UPDATE: All figures in U.S. dollars unless noted.)

Ottawa, March 6 (Reuters) - Amid a weakening U.S. economy and waning customer demand, JDS Uniphase Corp. (Toronto:JDU.TO - news) (NasdaqNM:JDSU - news), the world's No. 1 supplier of fiber-optic components lowered its guidance on Tuesday for the third and fourth quarter.

The company said it expects third-quarter pro forma earnings per share of 14 cents and revenues of $925 million, below the firm's previous forecast of earnings of 17 cents per share.

JDS said it expects fourth-quarter results to match or slightly exceed third-quarter earnings, at 14 cents a share or slightly higher, with sales of $925 million.

``These numbers are within the range of current analyst estimates although they are below our prior guidance,'' said JDS chief financial officer Anthony Muller in a webcast presentation to merchant banker Thomas Weisel Partners.

The company would not provide guidance for fiscal 2002 due to uncertainty over sales growth.

JDS, which lowered its third-quarter forecasts after acquiring SDL Inc. last month, later told Reuters it understood analysts cutting their forecasts even further below guidance amid a spending slowdown underscored by a dramatic warning by Nortel Networks Corp. (Toronto:NT.TO - news) (NYSE:NT - news), its largest customer.

($1 equals $1.54 Canadian)



To: If only I'd held who wrote (48527)3/6/2001 6:01:05 PM
From: baddtiming  Read Replies (2) | Respond to of 57584
 
JDSU warns...



To: If only I'd held who wrote (48527)3/6/2001 9:42:02 PM
From: starpopper  Read Replies (1) | Respond to of 57584
 
Corvis IS for real!!!

I'm banking on 5000 shares, average $8.50, to buy me a brand new Mercedes-Benz Vision SLR in 2005! This is definitely a 1000% gainer in the making!!!

Message 15441984

Message 15458714

$weet Dream$

$tarpopper



To: If only I'd held who wrote (48527)3/7/2001 9:32:39 AM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
. . . . . .Terrific comments on Corvis, all. . . . . .

I think we covered about every pertinent topic. The consensus seems to be bullish. However, everyone cites one risk or another. . . mostly due to Dr. Huber's secrecy. It is tough to be confident in a company with so many secrets. . . especially with regard to new orders and new clients. We managed to do exactly that with Lightpath from about these same levels with incredible success. But that was a stock that had been considerably lower. . . and unknown. Corvis has high investor awareness. . . and high short-interest.

I keep thinking about that Rambus short-squeeze. Remember that? Could Corvis be the next best candidate to perform that type of magic, should the company fuel the momentum by releasing news? Does Huber really have the silver bullet that will bring about all-optical routing? Or is it all just smoke and mirrors, empty promises and high market-caps while the company stalls for more R&D time?

But if we knew the answer to these questions with reasonable certainty, there would be no risk. And if we are to make big scores with companies like these, we must be willing to take the risk. I would certainly prefer owning CORV down here under $8 bucks a share, while awaiting news. . . . than be suddenly chasing it in the 20's as news is released.

Just as there are concerted efforts to take stocks lower, there are concerted efforts to take them higher. If Wall Street is planning to bring Corvis [or any stock] out, you best believe that they are coordinating any coming news with upgrades, features in major periodicals or TV media, financial conferences and/or industry conventions/shows and other hype. We'll call that type of Wall Street Manipulation to move prices higher by attracting new investors at increasingly higher levels "Coordinated Momentum".

Our Next Featured stock is. . . MCDT. . . .

Let me hear your thoughts on this one. Can they maintain this extraordinary level of high growth? Or are they just cooking the books? And where do they go from here at $23? Down from $140 just last September. . . but looking as though it may be making a turn north here. What are YOUR feelings on MCDT?

Thanks and best wishes in trading today. . .

Rande Is

Disclaimer: I currently hold no position in either CORV or MCDT, nor have I traded either stock in recent weeks. Do your own Due Diligence. Make up your own mind. Be responsible for your own trades. Don't be a blind sheep. ProfitOften.