JDS Uniphase (JDSU)

[ShysterChaser]

Good morning:

I am a poster on another message board. The corporation that I am heavily invested in had a "breakthrough" technology that has really never been brought into the public view. Lucent did a "proof of concept" test which was widely criticized for its lack of real world parameters.

As I understand it, JDS Uniphase made a supreme blunder by paying $44.1 Billion for an untested, unproven, "idea" technology. And later, I am to understand, it was forced to write off this blunder.

Would someone be so kind to refresh my memory (hopefully without reopening your own old wounds) and give me the details of the steps that took JDS Uniphase down? If you could provide me with the name of the company that had the alleged miracle technology idea and the dates involved, I would appreciate those specifics, too.

Thank you.

LYCUS of YORE