Replies to post #112 on JDS Uniphase (JDSU)

[riverhigh22]

It would make a lot of people's week if it reached $4.00 :)!!

However, I think that after a few weeks after labor weekend we will get a sense if there is going to be pick up on telecom spending. Carriers are currently under budget for 2003 capital expenditures. Hopefully they will spend. Need news from the Carriers that they are spending to get jdsu back to the $4.00 level. I think all will be known by mid October on how 2003 will turn out. The next October conference call from the new CEO, Kevin Kenedy, will also be preety important. Hopefully he will making the return to profitability a priority and accelerate the time table for reducing the cost structure to 170 million.