Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Sorry, I mean I bought at $3.22...WOW
I was trying to lose some money there! LOL
Lycos, I have been in JDSU for some time but I do not remember this issue. I sold another FO company that I saw was going nowhere and bought the same amount of shares in JDSU for $3.88 ps. I had only had JDSU a few weeks when Kennedy came on board, and not knowing much about the previous CEO, I do think he is making a difference. JDSU is, as far as I can determine, the 600 pound gorilla of the FO world. They have finished restructuring and right sizing and seem to be making headway now. Their revenues are increasing and they see break even this summer.
If one looks back at the charts and see the share prices and splits this company had at one time, you would understand why it has been so long for them to dig out from under. But, long term, I see no better company out there. The latter part of 2004 and 2005 may see some good earning potentials.
Where will the JDSU share price be on December 31, 2004? Some say $40.00+. I would be happy to see $20.00+. Any thoughts?
Can we make $4.00 by Labor Day?
That would make my week!
I said $3.30+ and it got there
Will it hold? I think the leadership change will help us in the long run.
$3.30 is history I hope...
Perhaps the new direction is needed. Yes, this was a surprise to me. I don't know much about this guy but it appears we have reduced the financial burden and added new faces to boot. The new CEO used to be with CISCO. That can only be good for JDSU.
$3.30+ before the end of the week.
Next week will be a good week for JDSU
Back to $3,30+
Will we see $2.50
GOBBLE, GOBBLE, GOBBLE!
river, good read
Is Bookham really the second FO player? If that is the case, there is a big span between JDSU and them. JDSU may pick up Nortel as June 2004 end the year for JDSU. That would be a big boost. It could be possible, seeing that JDSU is shooting for 2nd quarter 2004 break even.
It appears to me
Barring a total meltdown in the economy, it would be hard to lose with JDSU. If they break even in June 2004, we win. If the FO sector takes much longer, JDSU could pick up some of its competion cheeply.
With this amount of cash, I feel comfortable waiting and watching.
The breakeven point at <12 months is encouraging. As the cashless competitors waste away, JDSU should pick up their clients. The world will always need FO and networking. The big downside is there is no real "discernable light" at the end of the tunnel. Frankly, running record deficits and spending a billion a week or so in Iraq is a killer. No sky there either...
Well, time to turn the computer away and hold the nose, huh longs?
So, this board has limited postings?
CISCO SEE IT INCREASE
I copied this from another stock board:
8:46AM Cisco Systems expects IT recovery within months -- Reuters (CSCO) 18.73: Reuters reports that Cisco CEO John Chambers expects the IT market to recover within months. "In the next two to four months, companies' spending on IT products will recover. In two to six quarters, that will translate into a recovery in investments by Internet and telecom providers," Dutch daily Het Financieele Dagblad quoted Cisco Chief Executive John Chambers as telling reporters in San Jose, California.
Some very good reads! Just watch and wait...
Thanks for all the informative reads! If I could do it, I would stop watching the market for a year or two. My investments are diversified. I gained over 30% on Real Estate holdings last year, even considering Cap Gains. I wonder what I am doing here sometime...? I have to write off something, right?
JDSU will payoff but it may not be for some time...IMHO
MAX, I am holding because I am still slightly in the green
but if the price dipped below my purchase price, I would consider doubling up...
Earnings this week, right? If we meet or beat estimates, what will the share price do?
(I tried posting this question on RB and the server booted me)
I tend to agree with that
The people who get paid for pedicting that Market are more apt to allow the Market to lead them. I have no issues with JDSU. It is a good company and will be standing at the end.
I do, however, have a real concern about the economy. The deficit, the highest unemployment in years, and an administration that is unwilling to say it was "wrong" in some of its pre-war rhetoric have me concerned. Remember, the tax cuts are still there? The states will struggle again next year while we are waiting for the "trickle down" stimulant.
Sorry guys. I am trying to be civil about this but Americans are dying every day in a war that no one in the world, other than Britian and the US, supported...
I track Institutional Buyers and the best site
I have found is this one. It is updated daily. I Screen Print the page, date it, and come back on occasion to check progress. It is a good indicator on a stock's direction...
http://ownership.thomsonfn.com/ownership/Ownership.aspx?partner=Mzg4UTI5dGNIVlRaWEoyUCRZ&templat...
THIS IS NOT SPAM!
JDSU is a very good company
from everything I have read. Can I explain the present slump? No, but I can hold and be certain that eventually JDSU will climb dramatically.
As hard as it is to do, I have got to stop watching the market moment to moment. It is debilitating. I truely do not think it is time to panic. Patience and a hobby will help...
max, JDSU is being agressive. It could pay off
or it could come back and haunt them. If JDSU ends up selling this company in 2004 or beyond due to a sluggish sector, it will hurt.
It seems JDSU is betting on a sector recovery soon. The jury is still out on that. However, JDSU is well postioned to do some serious moving when it does come back.
Personally, I am very concerned obout the huge deficit the US has created. It is going to hurt, if not us, then our children.
A couple weeks ago we were heading to $5.00 and no one really knew why. We are now heading to $3.00 and I am not sure I know why. It is a mad, mad , mad, mad world...
GOOD FORTUNE TO ALL!
JDSU makes aquisition:
http://www.lightreading.com/document.asp?site=lightreading&doc_id=37180
max, I think the downgrade is a sector thing. CAP spending is the
key.
It is my hope that the INTC good news will begin to raise some of the better FO networking commodites. I think this is a great company and will be one of the first to take off with a sector improvement.
Has anyone gotten any inside information on the earnings report next week? Are they coming closer to breaking even? One of their previous statement called for a 2004 second quarter goal to at least break even. That could drive it to double digits, IMHO. Of course, I may this could all be wishful thinking.
Any thoughts?
Hope to gain some inside knowledge on JDSU
I am looking for some serious, SPAM free posts. Hope this will be a good home.