NDAQ:VIAVV - Post by User
Post by
mhoganon Jan 17, 2000 3:46pm
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Post# 1240184
Latest scoop
Latest scoopGeorge Gilder's Technology Newsletter was posted yesterday, and true to history, he had comments on JDSU. "JDSU consolidates its position as the Intel of the Telecoms with a breadth and depth
even its elite competitors cannot challenge". That sounds good. Furthermore, there is a rumor that JDSU will be added to the S&P 500. If ultimately true, index funds would be in the position of having to buy it to accurately reflect the index. That means increased volume and rising prices as the action occurs. Needham
and Company reiterated its Strong buy rating on Thursday too. Anybody ever heard of Griffiths McBurney? Neither have I, but they have reiterated their Reduce rating and issued a price
target of $68. Suppose these guys are short the shares, or that they don't want to do any future underwriting of JDSU?