JDS Uniphase (JDSU)

[riverhigh22]

"I question their acquisition at this time,in an economy as unstable as this, with the outstanding debt they have. "

As prevoulsy mentioned jds has $1.27 billion in cash, no debt. They got Altamar for a fire sale price of $1.6 million. As long as the purcahse enhances their market share and customer base, this is exactly what they should be doing. Most probably JDS got it for so little because no one else in the indusry has the cash or the ability to turn it around.