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

To: Paul V. who wrote (22242)2/17/2002 9:40:13 PM
From: RetiredNow  Respond to of 24042
 
I think it's already happening. Of the $2.2B written off by Cisco, only $840K remains on the books. I'm sure they are already ordering component parts.



To: Paul V. who wrote (22242)2/17/2002 9:51:55 PM
From: Cary Salsberg  Read Replies (1) | Respond to of 24042
 
Merrill Lynch believes that JDSU sales are 40% less than the value of JDSU products consumed. They also believe the inventory correction will end H2'02.

There will be a jump in sales and stock value, but "tremendous" might be hyperbole.


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