Major Relief Rally in JDSU (JDSU)

If you have been following tech stocks for a decade or more, JDS Uniphase (NASDAQ: JDSU) is one you will know quite well. For almost the entire 2000’s, you probably wish you didn’t know it if you had not been short the stock. We even noted this one recently as a turnaround that just hadn’t ever been turned. Maybe that is changing. Shares are surging in after-hours trading after the company blew the handle off of some estimates with its earnings report, despite earnings lower year over year. Net revenues came in at $399.2 million and net income was $0.09…
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Original Source

  5 February, 2008| Economy | @ 22:34

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