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


To: David C. Burns who wrote (24023)2/6/2008 7:48:08 PM
From: Howard R. Hansen  Read Replies (1) | Respond to of 24042
 
Every once in a while JDSU provides some good news.

Howard

JDS Spikes After 2Q Beats Wall Street
Wednesday February 6, 6:37 pm ET
JDS Uniphase Shares Spike After Co. Beats Analysts' 2nd-Qtr Estimates, Receives 2 Upgrades

NEW YORK (AP) -- Shares of JDS Uniphase Corp. soared Wednesday after the communications test and fiber-optic network equipment maker reported fiscal second-quarter profit and third-quarter guidance above the expectations of analyst, leading at least two to upgrade the stock.

The company's stock rose $2.64, or 26 percent, to $12.80. The shares have traded in a 52-week range of $9.49 to $17.15.

BMO Capital Markets analyst Paras Bhargava upgraded the company to "Outperform" from "Market Perform" and said the company's margins may continue to improve and its optical unit may likely grow.

The second-quarter results were "good and clean" and did not contain many one-time benefits, he said. Furthermore, Bhargava praised Chief Executive Kevin Kennedy's work the past four years to "systemically" fix the company.

"We believe that JDS is now a much better positioned company in an industry that has at least a couple of years of strong tailwinds," he wrote in a client note.

Raymond James analyst Todd Koffman upgraded JDS to "Strong Buy" from "Underperform" and set a $15 price target.

"After many years of red ink, JDS Uniphase has finally turned respectably profitable," Koffman said in a note to clients.

Benefits from margin expansion and in the company's optical unit helped fuel the growth, he said

Roth Capital Partners analyst Dave Kang raised his price target to $18 from $17.30.

"Considering most of its peers have reported disappointing results and/or guidance, we were amazed with JDS's fiscal second-quarter results and fiscal third-quarter guidance," Kang wrote in a client note.

The worry now, he said, is just how long JDS can maintain the growth in the sagging economy. If the country enters a "full-blown recession," Kang said his already conservative estimates could be too aggressive.



To: David C. Burns who wrote (24023)3/12/2008 3:11:26 PM
From: John Vosilla  Respond to of 24042
 
JDS Gets Deutsche Telekom Pact >JDSU DT

Mar 12, 2008 14:21:38 (ET)

NEW YORK (Dow Jones)--JDS Uniphase Corp. (JDSU) Wednesday said Deutsche Telecom AG (DT) selected the company to support delivery of its IPTV service, designed to send TV and video over internet protocol networks, sending shares up 7%.

The San Jose communications test and measurement provider will deploy its NetComplete service assurance system in Deutsche Telecom's network to monitor the service quality of streaming video signals.

"By selecting JDSU's NetComplete solution, service providers choose a partner with worldwide experience in IPTV test," said JDSU General Manager of Service Assurance Solutions Jerry Gentile in a press release.

JDS Uniphase shares were recently up 84 cents, or 6.9%, at $12.94.

-Jerry A. DiColo; Dow Jones Newswires; 201-938-2007; jerry.dicolo@dowjones.com

Order free Annual Report for Deutsche Telekom AG

Visit djnewswires.ar.wilink.com or call 1-888-301-0513

(END) Dow Jones Newswires