should tie into the CEO and management compensation - stock appreciation - not stock collapse.
That is what is wrong with so many companies. And that doesn't mean they are allowed to cook the books.
Over and over again.
I am amazed at this incredible decline. 3D is doing some amazing things but without guidance we are going down further. When I read that 3D was going on a buying spree I had no clue that they were on the edge of creating such coas.
Otherwise jdsu is a total underperformer.
Look at the markets rise and jdsu has water above its nose.
why insult Hedge?
Let him bring to this board his own method.
More to the point, the board is waiting for you to add to the intellectual discussion, not bring it down to "my" level.
I look forward to your postings of substance so we can start the discussions. Best wishes.
I think you would get no credit because it seemed too outlandish at the time.
Now you still won't get credit because many are absolutely stunned by the "fall off the cliff" and are licking their wounds. Moral at 3d must be pretty low and deservedly so. The fall is 3D's own doing as far as I can understand.
Before you invest in jdsu you should consider a few things.
In October of 2006 jdsu had a reverse split. 8 for 1. The price of the new issue was 16.60.
Almost a decade later, not including inflation, jdsu now sits at a 33% discount.
If you add in inflation then the percentage lost is much worse.
jdsu is a cheap stock and deservedly so. It is cheap for many good reasons. After many years of mergers and feeding frenzies jdsu has not been able to bring organic growth to the company and obviously not to its stock appreciation.
If you are a bottom fisher please consider this.
jdsu has been an industry underperformer. After years of merger fever they have not been able to find traction. The management in my opinion is offering this split into two companies not because they think they need/want to bring speedier action to the marketplace but to throw themselves a live line to save themselves, by keeping their jobs. Any movement is good for them. It shows leadership (but Sandall is the real reason jdsu is taking drastic action). "They need to unlock value from the company" LOL they haven't done it in any past actions let's try to separate! Smells of distress.
jdsu has made a few good decisions, like getting into lasers and counterfeiting products, but overall they are swimming but barely keeping their nose above water. The product mix of this company is uneven and sends out additional signals of desperation. Grasping at straws.
jdsu has a rich history of infamy...
The second biggest write off in US history is from jdsu.
Here are a few details
1. An additional $4.2 billion in goodwill for the quarter ended June 30, 2001 and $1.1 billion for the quarter ended March 31, 2001,
2. About $76 million in excess inventory and related charges, and
3. Reclassifying the $512 million related to some Nortel Networks Corp.(NYSE/Toronto: NT) stock that JDSU held from an "unrealized loss" to a "realized loss."
Amitabh Passi - UBS
Tom, I guess if I look at just the financials at a high level, it looks like fiscal 2015, we’re going to exit again with revenues roughly flat from fiscal 2012. Earnings are now stuck in this $0.50 to $0.60 range. Yes, you're going to down the path of separation, you streamline businesses, you've rid of flow, profitability segments, but yet we’re not seeing any incremental leverage in the model. Is it time to maybe perhaps rethink that beyond separation there's something bolder or different acquired within the context of larger scale consolidation or divestitures or some other way to unlock value?
Mark Sue - RBC Capital Markets
Tom, I appreciate the growth in deferred revenues and how that should flow into the top-line for the SE business. On the NE side, it doesn’t seem to be growing. If anything, it's actually contracting and we recognize the CapEx cycle. So there's some cyclicality in there, but also structurally very challenged here for the traditional NE business, considering it's still a large part of the organization and maybe your thoughts of reversing that trend for the traditional NE business as the SE business ramps?
BUT you say that is many many years ago…
True but here we sit and jdsu keeps missing revenue marks. High inventory levels and now the looming company split so they will be (in their words) more nimble to made acquisitions.
More acquisitions. With all the R&D you would think it would bring something to the bottom line but jdsu has been criticized in the past for spend too much on R&D and little to show for it.
This monumental company event - the split- is so the whole process starts over again.
Not every company is going to be a winner. jdsu has a rich history of mediocrity
Again I am presenting my opinion only.
has some pretty revealing questions.
It shows that jdsu is floundering. That their business plan is shaky at best.
Is there really power from this???
I seem to annoy you. Maybe I would be better on ignore. No hard feelings.
If I was you I would wait for this company (S) to show something positive. jdsu has a history of diappointment. Go over to the latest CC and read the questions from the analysts. Once you read the questions and jdsu weak answers you will see it is better to wait a bit. jdsu isn't going anywhere fast. You have time... lots of it to make the right decisions
I don't have an easy answer for you.
The potential is there for sure. It has been for more than a decade. But not fulfilled.
Look at Cien's move back up. All the while jdsu is going down.
I think it is better to protect your capital and perhaps lose some of the up swing.
Take a little less future profit but protect yourself.
jdsu isn't going anywhere fast.