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


To: Logain Ablar who wrote (43137)3/4/2006 12:24:26 PM
From: Johnny Canuck  Read Replies (2) | Respond to of 69126
 
It looks CIEN earnings and outlook was mildly positive. It had moved up a bit before earnings. It did have a positive impact on JDSU though. I did not see any news, but it move up quite a bit in the last 2 days.

I don't think JDUS comes back in a big way though. A lot more of its revenue comes from non-telecom now, so whether a recover by CIEN leads to a great pop in JDSU earning is yet to be seen. A lot of JDSU products have become commodities.
At least with CIEN there is some value add intellectual property that is hard to duplicate.