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JDS Uniphase Corporation Message Board

  • georges10 georges10 Sep 30, 2005 9:51 PM Flag

    The last trade on NASDAQ was for 2.14

    at 18:29 PM

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    • JDSU Last: 2.22 Change: +0.08 +3.74% Volume: 63,855,576 4:00pm
      9/30/2005 Choose your broker
      After Hours: 2.14 -0.08 -3.60% 1,800,508 6:29pm

      • 1 Reply to magoo2p
      • The lowest trade in AH on Nasdaq was 2.14 on some 2.2 million shares and that was the last and the low. It ended though at 6:30 or so. Later trades on INET may be lower at 2.06 but I can't check the number of shares traded.
        If the "headline" is bad, JDSU will likely (in my opinion) be lower in pre hours and on the open on Monday.
        When cooler heads arrive in the offices, they will see opportunity and turn it around. A problem acknowledged is a problem solved. Trend should continue up in the long term. I am in (as previously disclosed) at 1.58 for 20K shrs.
        If I lose some of those gains, so be it. Right now there's not enough real news out there to rush to the exit.
        Usually when management issues a negative report, there is some positive to be found and bashers here not withstanding, I am sure it will be brought forward.
        The "does not materially effect" the bottom line sounds decent, but "looking for some good accountants" or such does sound pretty weak.
        Monday and rest of the week will tell.

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