Jason Kisner, an analyst at Jefferies & Co., said Finisar is taking customers from JDS Uniphase.
"Based on the (management) commentary and our checks, we believe the growth here is due almost entirely to share gain from JDSU, not a broader strengthening in telecom spending," he said in a report.
JDS Uniphase last month gave a weaker-than-expected revenue forecast for the quarter ending this month, sending its stock falling."
How good to hear from you. Bring us up to date on what is going on with you.
Are you still in China?
I am honestly considering it.
I have been waiting 10 years and you are right it it may be time that I take the huge loss. It will definitely help with my gains on DDD, NEE and AAPL.
They gave a very insipid presentation.
This management is very poor in my view.
They should hold their meetings at Starbuck's and only drink quad venti lattes so they can wake up and "smell the coffee." They are asleep at the wheel. They have been asleep at the wheel for quite a while. They missed the whole TV light engine market. They got best reviews for their line of light engines but couldn't make them in a production line. So what good are the great reviews IF YOU CAN'T SELL THEM?????
Now they are doing the same type of thing. Great reviews but their competitors are selling and growing and jdsu is cutting back on its forecasts.
They are out of their depth and management should be shaken up.
It would be odd to see FSNR dwarfing jdsu's market cap.
jdsu the 800lb gorilla (in jdsu's imagination only) in reality they are going down.
Iguess the only way jdsu will go up is riding on someone elses coat tail.
I read the transcript of "JDS Uniphase's Management Presents at the Credit Suisse Technology Conference." It is the same tired speach they give over and over and over.
Cooooome on let's go up now.
Earnings were back a while and not due again for a long time.
Are they screwing up and not selling and they know it and are getting the BS in the news to soften their poor performance???
It is standing at the train station the train is ready to pull out... Cien and Fnsr easily can get on the train... but because of Parkinson's jdsu even in a wheel chair can not go through.
Thank God the company can buy back it shares to prop up the earnings numbers. Tricks and mirrors only.
(actually me too with 12,600 shares @ $20 jdsu is my worst investment ever.... ever)
Why would jdsu buy a company that will add to its bottom line?? So many times they seem to buy things that make sense but make no cents.
if all those shares were factored in.
If you can not grow a company organically prop it up with bond issuances and stock buy backs. JUS