" get on the porch"
This is jdsu new corporate motto. It should be at the top on all their letterheads with...
"this old dog can't hunt anymore"
at the bottom.
Pas, I responded but, Yahoo took my post away! JDSU needs to get on the porch since this old dog can't hunt anymore! Just think when it splits, it'll be an $ .80 each company! Hopefully, they'll get it to a dollar each by then!
I can not think of a reason why it should.
(jdsu/2) is still the same company, making the same decisions (mistakes).
They are putting on new siding on a house that is full of termites.
After this latest quarter's earnings report and guidance, for the very first time I'm actually thinking the stock price might not go up as the company divides into two.
I think the ONLY saving grace for jdsu is that after spending tens of millions to split the company they will able to save some money. That is where we will benefit. But you will be left with 2 companies that will underperform their peers. jdsu could have hit a home run by selling off parts of the company. That would have given a boost to their price (Sandall) and I would have agreed with this path. There is NOT ONE THING in jdsu's corporate culture that points to success. This company is spinning its wheels going nowhere (after all when I think jdsu I don't think powerhouse company I think bike riding on trails, just like their FB page shows). They have a complete history of flubbing up the future. Get rid of the deadwood management.
Without sounding like a broken record we need a home run from one of our new product releases. JDSU has a history of bringing new products to market which have failed to gain traction in a significant way. Packet portal, gesture recognition, commercial lasers sold outside of their developing partner Amada ... just to name a few. We need to see JDSU pick up the pace with regards to sales of new products. As to JDSU's acquisitions in the T&M area, results have been mixed and little to write about, IMHO nothing in recent conference calls to promote confidence in JDSU's new products. Hopefully splitting up the company will allow the 2 major divisions to focus on their specific businesses and reduce time wasted on competing for resources. IMHO there were few synergies between the 2 divisions that they could capitalize on and splitting should prove positive.
You nailed it on the head.
Clueless management is clueless every way except in figuring out how to give themselves raises and pay packages. They are geniuses in self inflating worth all the while jdsu swirls down.
Yes, a penny stock it is now and a penny stock it will always be, and that is as good as it will ever get. We are totally screwed. The situation we find ourselves in is absolutely hopeless, and there is no reason to believe things will ever get better.
This management is so stupid, they will believe they gave investors a two-for-one stock split when jdsu splits into two entities later this fall. At the quarterly earnings conference call, they will announce it as such...
"Through our superior leadership, we gave investors a two-for-one stock split on their investment. We doubled their holdings. They now have twice what they had before. Of course, we're only referring to the company being split in two, but that still equates for two from one when employing our logic. Now let us receive twice as much of a bonus for having done so...."
Yes, folks, the situation is hopeless indeed.
they should have a group of management go out and study successful companies. They could be ambassadors and work for free at these other companies and later bring back information and strategies to jdsu.
I don't see that them working at jdsu presently is adding any value to this laggard. At least there could be an upside in the future especially since their present work (going back at least 13 years) hasn't added any value to the company.
The positives are enormous while the downside is minimal.
Remember they are not growing presently.
they are losing market share in a number of areas.
Remember all the R&D is actually bringing little profits.
seems like nod's management is equally as bad as jdsu.
Friendly note... I would stear clear of this POS. I don't know anything about nok, but if it is anything like jdsu, you don't want a second clunker in your portfolio.
How bad is jdsu management? They could fall off a camel in the Sahara and not find sand. They are that clueless.
Pas, I think you are reading the wrong transcript. I reviewed the "JDS Uniphase's (JDSU) CEO Tom Waechter on Q3 2015 Results - Earnings Call Transcript" and there were no questions from Alex Henderson which were answered by Alan Lowe. All questions from Henderson were answered by Tom. Furthermore, I did a search on the entire transcript for keyword "web 2.0" which you showed in a direct quote from Alan Lowe and nothing came up.