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

To: puborectalis who wrote (20462)	6/16/2001 12:19:38 AM
From: puborectalis	Respond to of 24042

WR Hambrecht & Co Research JDSU Strong Buy, LOWERING Price Target to $30 from $45, LOWERING C'01 EPS estimate to $0.18 from $0.33 and C'02 estimate to $0.17 from $0.49, management lowered guidance for the June Q due to deteriorating near-term business conditions. Believe share valuation already accounts for near-term business weakness. Predict recovery of the optical component market as early as Dec '01 Q. JDSU is WR Hambrecht's top pick in the optical component space.