Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (42786)	11/10/2005 12:28:11 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69862

11:00 JDSU JDS Uniphase: Earnings Color (2.19 -0.15) Sanders Morris notes that JDSU reported Q3 rev and EPS that exceeded the guidance due to solid communications test & measurement business (Acterna). Firm believes December-quarter rev guidance is ahead of estimates based on broad-based strength and a book-to-bill greater than 1.0 in all three business segments. They think JDSU has momentum on both the revenue and margin fronts, with strength in the optical networking market combined with the high-margin Acterna business. They believe the consumer and commercial products group appears to have bottomed, and think C.C.P. revenues would have been up slightly on a sequential basis after accounting for the product transitions involving bulk-optics, light engines, and micro displays, with growth driven by Flex and commercial lasers. Therefore, while they believe JDSU will enjoy revenue and margin momentum, as well as positive news flow related to the optical networking business and the reverse split, the stock already anticipates the good news.