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Thursday, November 02, 2006 

JDSU - Earnings report " JDSUD "

Chart courtesy of stockcharts

Shares of JDSUD rose more than 3% in after hours trading after the fiber-optic networker reported a narrower net loss in its first quarter and the company's first profit excluding onetime items in more than five years. JDS Uniphase said its net loss declined to $17.4 million, or 8 cents a share, from a loss of $67 million, or 34 cents a share, a year ago and sales rose 23% to $318 million. Excluding onetime items, the company said it would have earned $6.8 million, or 3 cents a share, compared with a loss of $15.4 million, or 8 cents a share, in the year-ago period. Outlook : JDSU expects net revenue of $332 to $352 million.
Following the good performance in after-hours the stock has now legs to start a rebound after have disappointed in the last two weeks.

Stocks to watch tomorrow : GTW , ERTS , NBIX , WDC , AVNX , AQNT , GMST , RRGB , CA , SINA

That's All. Have a great evening !!!!!


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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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