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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Seeker of Truth who wrote (42317)	5/1/2001 9:46:09 PM
From: Joanne Fishman	Respond to of 54805

Speaking of a "revival"....JDSU: Strong buy reiterated... Tuesday May 1, 8:58 am Eastern Time RESEARCH ALERT-WR Hambrecht reiterates JDS strong buy OTTAWA, May 1 (Reuters) - WR Hambrecht reiterated its strong buy rating on JDS Uniphase Corp. (Toronto:JDU.TO - news) (NasdaqNM:JDSU - news) on Tuesday after the world's No. 1 supplier of fiber-optic components said its annual growth rate could be 40-50 percent once a customer inventory correction is complete and carrier spending stabilizes. Analyst Jim Liang, who has a $45 stock target price, wrote in a report that JDS chief financial officer Tony Muller said in a conference call with the brokerage on Monday that the inventory correction will be complete by the September quarter, and possibly sooner. Muller also said that JDS is actively looking for potential acquisition targets and is considering private optical component companies, which are estimated to number more than 200, for next-generation technologies. ($1 equals $1.54 Canadian)