JDSU looks great on paper but they have lacked execution and consistently underperformed peers. Its a great company to be taken private and wholesale top management change. They are trading at approx 1x sales (net cash). Also, management has very little equity ownership and cannot fight an activist investor (unlike Finisar).
MKM lowered target from 30 to 27. Also, all the cable consolidation chatter is affecting optical component sector as they will have less customers to serve etc.
fair point - but this has been rumored for so long that its unlikely to affect the price too much.
Look at HPQ, BAC and AA after they were booted out of DOW, they all rallied.
yes, its a symbolic move at best. MM needs to do a better job at selling their story to a skeptical market and executing. 10K buy is fluff and will not help the stock in the long term.
teens are a distant memory for this stock.
Will anyone standup and ask for management change? probably not - board is fat and happy with management performance as evidenced by new salary and option reward.
I bought some under 5.5 and will be buying lots more if it breaks 5.
I just hope they can file 10Q quickly, though unlikely with a new auditor. Stock will remain under pressure unless they get books straightened out but I feel its good value at these levels.
look it up if you are a Nvidia shareholder. You will stop asking for Nvidia to win designs in tablet/smartphones.
Now I don't know how big this market will eventually end up - but a lot of buzz around M2M these days. Jensen hinted at this during last call. One of my holdings, SWIR has been popping because of positive M2M sentiment. They were using Icera data only modems pre-acquisition. I think SDR modems make perfect sense for this market - not so much for smartphones/tablets because of higher power profiles.
FUEL is levered to Facebook - it may help to research your stocks. Their is obviously a premium for FUEL and also small float etc. FUEL is growing at a much faster rate. Their is a greater likelihood of FUEL heading lower than MM heading too much higher. I can see MM jumping on acquisition rumors but difficult to see a future as standalone entity.
you do realize that this is their combined guidance, yes? they were slated to do $88M as standalone. On a combined basis they are now guiding $97.5M. Given JT growth rate, they are contributing $40M in that number - i.e. MM is around $60M now instead of $88M. You do the math if the stock will open up or, down... I think a dip below 6 is easily possible - it may even break 5 if analysts pile on and start cutting numbers and lowering target.
dude - you have completely lost it. go on - keep grabbing for straws...
what are you smoking - did you see their guidance for Dec Qtr? That is the combined guidance - MM does not have revenue growth in their core business - its all low margin RTB revenue from here on on out.
but they could have easily pursued better acquisition - twitter, yahoo etc. VCs basically broke even with this acquisition and they can't even sell here - 180 day lockup post acquisition. Maybe the stock will be much lower by then.
No real questions on the call - someone should have asked them about their underperformance compared to peers. Google, FB, P all have announced much better ad numbers. Why will this change in future given MM's current direction? Wouldn't customers continue abandoning their platform for competitors?
no way around it - growth is slowing tremendously. Only an acquisition can save this sinking ship, otherwise they are headed down like Velti - look out below!