JDS Uniphase (JDSU)

[Jimmy4646]

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.