To: Master (Hijacked) who wrote (20643 ) 6/25/2001 8:11:22 AM From: Wolff Respond to of 24042 Anatomy of The Analyst Upgrade In this case CNBC typifies the general regurgitation of Analyst comments by the Wallstreet Media I found it particularly funny (read as "sad") to see the reporting by CNBC of the sole analyst upgrading JDSU on the promise of a 2002 turn around. First as you can see below WIT is a permaBULL on JDSU having consistently and always had an overall BUY rating on JDSU. Did CNBC report on this? Nope. Faber? nope Kernan? Nope. Maria? Nope, Frank? Nope. Faber even says he is on top of this stuff. I went back as far as I could easily do. Look at the Parade of Analyst coming out BUY BUY BUY . . and the favorite of the savvy Analyst the REITERATES. Then wait look its down from the 60s in January, its JUNE now, TIME TO HOLD…sent out a release to public HOLD, everyone it time to HOLD. Join hands, sing, Kumbyaaaaaaaaaaaaaa Look at WR Hambrecht, US Bancorp Piper, and CSFB below. Anyone reading them from January would have to feel like an idiot not to buy the stock. These three are literally YELLING – Buy it, Buy IT, BUY IT. Just look. But where were the analysts of the Analyst at CNBC, unfortunately no where to be found. All I saw CNBC do was act like a vase empty canyon, and echo and echo and echo the Analyst Upgrade. Wolff -------------- Broker Date B/H/S Rating Report Detail WR Hambrecht 02/07/01 Buy JDS Uniphase Reiterated 'Buy' at WR Hambrecht WR Hambrecht 02/14/01 Buy JDS Uniphase Reiterated 'Buy' at WR Hambrecht WR Hambrecht 04/20/01 Buy JDS Uniphase Raised to 'Strong Buy' at WR Hambrecht WR Hambrecht 04/24/01 Buy JDS Uniphase Reiterated 'Strong Buy' at WR Hambrecht WR Hambrecht 05/01/01 Buy JDS Uniphase Reiterated 'Strong Buy' at WR Hambrecht WR Hambrecht 05/31/01 Buy JDS Uniphase Reiterated 'Strong Buy' at WR Hambrecht WR Hambrecht 06/15/01 Buy JDS UNIPHASE CORP Reiterated Strong Buy at WR Hambrecht & Co. US Bancorp Piper 01/26/01 Buy JDS Uniphase Reiterated 'Strong Buy' at US Bancorp Piper US Bancorp Piper 02/07/01 Buy JDS Uniphase Reiterated 'Strong Buy' at US Bancorp Piper US Bancorp Piper 02/14/01 Buy JDS Uniphase Reiterated 'Strong Buy' at US Bancorp Piper US Bancorp Piper 02/20/01 Hold JDS Uniphase downgraded from Strong Buy to Neutral at USB Piper Jaffray US Bancorp Piper 06/15/01 Hold JDS UNIPHASE CORP Reiterated Neutral at US Bancorp Piper Jaffray CSFB 12/18/00 Buy JDS Uniphase Reiterated 'Buy' at CSFB CSFB 01/26/01 Buy JDS Uniphase Reiterated 'Buy' at CSFB CSFB 02/06/01 Buy JDS Uniphase Reiterated 'Buy' at CSFB CSFB 06/15/01 Hold JDS Uniphase downgraded from Buy to Hold at CSFB SG Cowen 10/11/00 Buy JDS Uniphase Rated New 'Strong Buy' at SG Cowen SG Cowen 02/14/01 Buy JDS Uniphase downgraded from Strong Buy to Buy at SG Cowen SG Cowen 06/15/01 Hold JDS Uniphase downgraded from Buy to Neutral at SG Cowen ABN AMRO 10/27/00 Buy JDS Uniphase Reiterated 'Buy' at ABN Amro ABN AMRO 03/07/01 Buy JDS Uniphase downgraded from Buy to Add at ABN AMRO ABN AMRO 06/15/01 Hold JDS Uniphase downgraded from Add to Hold at ABN AMRO Merrill Lynch 10/27/00 Buy JDS Uniphase Reiterated Near-Term 'Accumulate' at Merrill Merrill Lynch 03/28/01 Hold JDS Uniphase downgraded from NT Accum to NT Neutral at Merrill Lynch Merrill Lynch 06/15/01 Hold JDS UNIPHASE CORP Maintained Intermediate term Neutral at Merrill Lynch Wit SoundView 01/22/01 Buy JDS Uniphase downgraded from Strong Buy to Buy at Wit SoundView Wit SoundView 01/26/01 Buy JDS Uniphase Reiterated 'Buy' at Wit SoundView Wit SoundView 06/22/01 Buy JDS Uniphase upgraded from Buy to Strong Buy at Wit SoundView First Union Securities 02/16/01 Hold JDS Uniphase downgraded from Strong Buy to Mkt Perform at First Union Sec First Union Securities 06/15/01 Hold JDS UNIPHASE CORP Reiterated Market Perform at First Union Securities Robertson Stephens 03/22/01 Buy JDS Uniphase downgraded from Buy to LT Attractive at Robertson Stephens Robertson Stephens 04/20/01 Buy JDS Uniphase upgraded from LT Attractive to Buy at Robertson Stephens Robertson Stephens 06/15/01 Buy JDS UNIPHASE CORP Reiterated Buy at Robertson Stephens Ryan, Beck 12/12/00 Buy JDS Uniphase Reiterated 'Strong Buy' at Ryan, Beck Ryan, Beck 12/27/00 Buy JDS Uniphase Reiterated 'Strong Buy' at Ryan, Beck Ryan, Beck 01/26/01 Hold JDS Uniphase Cut to 'Hold' at Ryan, Beck Sprott Securities 02/08/01 Buy JDS Uniphase Maintained 'Strong Buy' at Sprott Securities Sprott Securities 02/28/01 Buy JDS Uniphase Cut to 'Buy' at Sprott Securities Sprott Securities 04/25/01 Hold JDS Uniphase Cut to 'Market Perform' at Sprott Securities Yorkton Securities 02/20/01 Buy JDS Uniphase Rated New 'Buy' at Yorkton Securities Yorkton Securities 02/27/01 Buy JDS Uniphase Reiterated 'Buy' at Yorkton Securities Yorkton Securities 04/25/01 Buy JDS Uniphase Cut to 'Accumulate' at Yorkton Securities Adams Harkness 01/26/01 Buy JDS Uniphase downgraded from Strong Buy to Buy at Adams Harkness Adams Harkness 02/14/01 Hold JDS Uniphase downgraded from Buy to Mkt Perform at Adams Harkness CE Unterberg Towbin 01/26/01 Buy JDS Uniphase downgraded from Strong Buy to Buy at CE Unterberg Towbin Corinthian Partners 04/17/01 Buy JDS Uniphase Rated New 'Buy' at Corinthian Partners Corinthian Partners 04/27/01 Buy JDS Uniphase Reiterated 'Buy' at Corinthian Partners Deutsche Banc AB 12/26/00 Buy JDS Uniphase Cut to 'Buy' at Deutsche Banc AB Deutsche Banc AB 02/05/01 Buy JDS Uniphase Reiterated 'Buy' at Deutsche Banc AB Jefferies & Co 03/30/01 Hold JDS Uniphase initiated at Jefferies & Co with a Hold Lehman Brothers 01/29/01 Hold JDS Uniphase Reiterated 'Market Perform' at Lehman Lehman Brothers 06/15/01 Hold JDS UNIPHASE CORP Reiterated Market Perform at Lehman Brothers Morgan Stanley DW 05/30/01 Hold JDS Uniphase downgraded from Outperform to Neutral at Morgan Stanley Raymond James 04/24/01 Hold JDS Uniphase downgraded from Strong Buy to Mkt Perform at Raymond James Salomon Smth Brny 01/25/01 Buy JDS Uniphase downgraded from Buy to Outperform at Salomon Smth Brny Salomon Smth Brny 04/20/01 Buy JDS Uniphase upgraded from Outperform to Buy at Salomon Smth Brny Sands Brothers 10/27/00 Buy JDS Uniphase Raised to 'Buy' at Sands Brothers Sands Brothers 01/26/01 Buy JDS Uniphase Reiterated 'Buy' at Sands Brothers Thomas Weisel 03/07/01 Buy JDS Uniphase downgraded from Strong Buy to Buy at Thomas Weisel Wachovia Sec 12/22/00 Buy JDS Uniphase downgraded from Strong Buy to Buy at Wachovia Sec Wachovia Sec 06/15/01 Hold JDS Uniphase downgraded from Buy to Neutral at Wachovia Sec Banc of America Securities 06/15/01 Buy JDS UNIPHASE CORP Reiterated Buy at Banc of America Securities BMO Nesbitt Burns 02/07/01 Hold JDS Uniphase Cut to 'Market Perform' at BMO Nesbitt Burns CIBC Wrld Mkts 05/31/01 Hold JDS Uniphase downgraded from Strong Buy to Hold at CIBC Wrld Mkts Credit Lyonnais Sec 06/12/01 Hold JDS Uniphase initiated at Credit Lyonnais Sec with a Hold Dain Rauscher Wessels 04/25/01 Buy JDS Uniphase Cut to 'Outperform' at Dain Rauscher Wessels Global Capital Markets 01/11/01 Buy JDS Uniphase Rated New 'Buy' at Global Capital Markets GMP 04/25/01 Hold JDS Uniphase Cut to 'Neutral' at GMP JP Morgan H&Q 01/26/01 Buy JDS Uniphase Reiterated 'Buy' at J.P. Morgan JP Morgan H&Q 06/15/01 Buy JDS UNIPHASE CORP Reiterated Buy at JP Morgan H&Q McDonald Investments 04/24/01 Hold JDS Uniphase Rated New 'Hold' at McDonald Investments National Bank 10/27/00 Buy JDS Uniphase Maintained 'Buy' at National Bank Noble Financial 01/25/01 Buy JDS Uniphase Reiterated 'Buy' at Noble Financial PaineWebber 10/17/00 Buy JDS Uniphase Reiterated 'Buy' at PaineWebber RBC Dominion 11/14/00 Buy JDS Uniphase Rated New 'Outperform' at RBC Dominion Williams Capital 11/30/00 Buy JDS Uniphase Rated New 'Buy' at Williams Capital