Como se combate o populismo? "Com eleições", responde Fukuyama

[AC]

neste tópico tens razão, o efeito temporal que eu queria designar era curto prazo, médio prazo só numa possivel quebra dos 1.74.
Obg

Um abraço,

[nunofaustino]

Pois esse quadro está errado...

Podes ir ver ao Yahoo.com e vês que o volume na sexta feira foram cerca de 35M e que a média dos últimos 3 meses foram 44M de acções negociadas. 15M era um volume miserável para a JDSU (houve um dia no mes passado que ela movimentou mais de 100M).

Qto ao valor do bid e do ask, ele pode estar bastante afastado pois estamos num feriado em que n há negócios... em princípio o ask deve baixar para os 1.61 ou perto disso (no after hours na sexta ela subiu 1 centimo para os 1.62, mas isso n quer dizer nada para a abertura amanhã).

Um abraço
Nuno

[dudu]

sim, eu escrevi VENDEDOR a 1.77

espero que o vendedor se aguente e não ceda, e que seja desta que ela despenque para cima, até pelo volume

tenho-as a 1.67


do site do BEST :

Cotação (USD)

última cotação 1,61
var % -3,01%
volume 15 583 272
mínimo 1,61
máximo 1,68
abertura 1,67
fecho anterior 1,66
min. 52 sem. 1,32
máx. 52 sem. 3,94


título JDS Uniphase
cotação 1,61
compra 1,61
venda 1,77
var -0,05
var% -3,01
quant. 15.583.272



[/b]

[Ulisses Pereira]

Ac, se a JDSU fez um mínimo há menos de um mês não se pode dizer que a tendência de médio prazo é ascendente, mesmo que aches que irá vir a ser.

Um abraço,
Ulisses

[AC]

Longo : 1.74 e 1.91
Curto : 1.51 e 1.39

Factor a ter em conta LTD descendente de médio prazo foi quebrada e a tendência de médio prazo, continua ascendente.

[shell]

Viva AC

qual será na tua opinião a próxima resistência da JDSU? será que no curto prazo chega aos 1,74? Ou visto ser um papel altamente especulativo é impensável (a não ser por futurologia) imaginar o comportamento dela nesta semana?

Cumps,
Shell

[AC]

Acho melhor verificares o teu post, pois muitos dos forenses aqui presentes fazem trades na JDSU e não lembram nos dias mais próximos dessa cotação, quanto á liquidez, se algum dia a JDSU fizessem esse valor, vendia as minhas ao melhor preço do mercado. Rectifica o teu post para não enganares os menos atentos.
Alías, se calhar estavas a falar no titulo cotado na Europa ou não ?

[nunofaustino]

Como?

Fechou na sexta feira nos 1.61 a descer 0.05 (ou seja 3%).

Qto ao volume n foi nada de estraordinário (cerca de 35M, qdo a média dos últimos 3 meses anda à volta dos 44M).

Um abraço
Nuno

[dudu]

JDS U

com vendedor a 1.77 e mais de 15 milhões negociadas

metade da Microsoft

na 6ª feira

é obra...

[pvk]

Form 8-K for JDS UNIPHASE CORP /CA/

26-May-2005

Entry into Material Agreement, Financial Statements and Exhibits


Item 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On May 23, 2005, an Agreement and Plan of Merger (the "Merger Agreement") was entered into by and among JDS Uniphase Corporation, a Delaware corporation ("JDSU"), JDSU Acquisition VII, Inc., a Delaware corporation and wholly-owned subsidiary of JDSU ("Merger Sub"), Acterna Inc., a Delaware corporation ("Acterna"), and, for the limited purpose of performing certain duties, Antelope Indemnity Holdings, LLC (the "Representative"), providing for the merger of Merger Sub with and into Acterna and with Acterna as the surviving corporation (the "Merger"). The Boards of Directors of each of JDSU and Acterna approved the Merger and the Merger Agreement.

Upon the closing of the Merger, JDSU will deliver to the stockholders and option holders of Acterna cash and common stock of JDSU. Based on JDSU's closing stock price on May 23, 200, at the closing of the Merger (the "Closing") JDSU will deliver to Acterna's stockholders and option holders that number of shares of JDSU common stock (the "Stock Consideration") having an aggregate value of $310,000,000, and $450,000,000 in cash (the "Cash Consideration"), subject to certain adjustments, of which $52,500,000 will be transferred to the Representative at the Closing. As more fully described in the Merger Agreement, if the five day trading average of JDSU's common stock ending on the second trading day prior to the Closing (the "JDSU Closing Price") is higher than $1.672, the aggregate value of the Stock Consideration will be higher than $310,000,000, and if the JDSU Closing Price is less than $1.236, such aggregate value will be lower. All shares of common stock of Acterna and all options to purchase common stock of Acterna will be cancelled at the closing. The cash delivered to the Representative shall be held by the Representative to administer (i) a post-closing cash adjustment to the Cash Consideration, if any, and (ii) the indemnity obligations, if any, of Acterna's stockholders and option holders to JDSU. The Representative will make is first cash distribution upon agreement with JDSU as to the post-closing cash adjustment, if any, and the Representative will make its second cash distribution upon satisfaction of Acterna's stockholders and option holders indemnity obligations, if any, to JDSU.

The Merger is subject to customary closing conditions and regulatory approvals. Closing of the merger is expected to occur in the third calendar quarter of 2005.

The foregoing description of the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the Merger Agreement, a copy of which is attached hereto as Exhibit 1.01 and incorporated herein by reference.

[pvk]

Losses have been the norm at the optical components outfit -- a situation that a spate of recent acquisitions will do a lot to improve


The optical components leader is on a buying spree, seeking a larger product mix. It's latest acquisition of Acterna should help, but diversification alone won't be enough.
Advertisement


One of techdom's high fliers during the dot-com days of the late 90s, JDS Uniphase has spent the past several years searching mightily for greener pastures. Revenues in its bread-and-butter optical components business have dropped 80% since 2001, as the telecommunications industry confronted overcapacity?

So JDS (JDSU) is diversifying at the speed of light. On May 24, IT acquired, for $760 million in cash and stock, an outfit called Acterna, which manufactures gear used in testing communications networks. That purchase comes on the heels of its April 29 acquisition of Lightwave Electronics, which makes lasers for use in biotech and semiconductor fabrication. And last August, with a smaller acquisition, JDS expanded its presence in components for HDTVs.

JDS has dabbled in all of these product areas before. But all three combos expand its product portfolio and customer base.

WELCOME ADDITIONS. These purchases -- and with more likely to come in the next 12 months -- promise to change the company's image from that of an optical components company to a jack of all trades. Which is a good thing, most analysts believe. "Their current markets are just dead in the water," says Susan Eustis, president of consultancy WinterGreen Research. "So they need to look for something else."

Essentially, JDS is emulating its rival Agilent (A), which, despite declining sales, has been posting profits by diversifying its product mix. Agilent now makes everything from semiconductors to optical components to testing equipment. If one aspect of the business has faltered, its other product lines have been there to keep Agilent afloat.

JDS could sure use that kind of buoyancy. It posted losses of $38.6 million on $166.3 million in revenues in the third quarter of 2005, which ended on March 31 -- way more than the $7.3 million it lost on $161.4 million in sales in the year-ago period. It's also burning through $21.6 million in cash a quarter.

BIG BOOST. The purchase of highly profitable Acterna alone should lift gross margins from the high teens into 35%-or-so range, figures Ari Bensinger, an analyst with rating service Standard & Poor's. Perhaps more important, it could significantly hasten JDS's long-awaited return to profitability. Before the Acterna deal, most who follow the stock figured JDS couldn't scramble back into the black until well into next fiscal year. Now, profitability by the end of calendar 2005 is looking like a real possibility.

The acquisition could also buoy JDS's slumping shares. Acterna lifts the combined outfit's annual sales to over $1 billion -- music to Wall Street's ears. While Acterna is No. 2 to Agilent in the $2.64 billion global communications test and measurement field, the overall market should grow 11% this year, according to WinterGreen. No wonder JDS stock rallied, rising 6% on May 24, to $1.64.

That said, it's crucial that JDS treat acquisitions like Acterna as diversification, not as part of a cosmetic makeover. Many trace JDS's woes to poor performance, rather than market conditions. The overall optical components market grew nearly 20% last year, and it is projected to grow 10% in 2005, according to telecom consultancy RHK.

SHRUNKEN MARGINS. Even in such a fast-growing market, JDS's sales declined 6% in 2004. And its market share in optical components fell from nearly 30% in 2001 to 14% today. RHK analyst Daryl Inniss says it has been unable to compete effectively in the high-growth segments of its market.

Moreover, after years under water and supposedly cutting costs, margins have fallen from slightly more than 20% to the high teens over the past year. "They could have done more progress with their cost-cutting," says Bensinger, of S&P.

JDS is just now getting around to drastic restructuring measures. It recently announced another 1,350 layoffs -- although the total workforce, currently 5,600 people, could actually grow as Acterna's 1,770 employees are added. It's still in the process of divesting and selling its North American facilities as it moves its manufacturing to lower-cost China. Integrating acquisitions while undergoing a massive restructuring can be both tricky and risky.

FINGERS CROSSED. Those who know its history realize that the JDS of today is really an amalgam of a dozen acquisitions over the years. "We have a very strong integration team and very strong integration processes, which we have already been using," says Enzo Signore, the outfit's director of corporate marketing. And even after its latest acquisition, JDS believes it will have a cushion of about $900 million in cash and equivalents.

Perhaps JDS will continue to find growth in acquisitions. But right now, it doesn't have much choice but to hope that the strategy works.

[shell]

Volume razoável, conseguiu manter a cotação de fecho do dia anterior, ainda por cima, quando o NASDAQ caiu 0,56% o que não deixa de ser uma proeza para a JDSU
Será que até final da semana temos a mesma nos 1,74? Se o NAS ajudasse, talvez fosse possível, mas tudo indica que o NAS no curto prazo vá descer, não sei se a JDSU conseguirá manter-se estável se isso acontecer. Vamos ver.

[itisi100]

Teve sorte então!!! Vendeu no máximo...
O aspecto da JDSU está a melhorar. Como tenho vindo a dizer, 3 ou 4 sessões a subir com forte volume, deixam-na bastante atrativa. Se o mesmo acontecer hoje, então ganhou mais um accionista!


itisi100

[vmerck]

Devido a compra duma empresa por parte da JDSU atraves de cASH e acções levando os analistas a rever as suas notações
Vendi na abertura( eu até pensei q iria cair...)

[richard32]

[pvk]

JDS Uniphase (JDSU:Nasdaq - commentary - research) was upgraded to hold from sell at Smith Barney Tuesday after announcing the $760 million acquisition of test and measurement shop Acterna last night. Smith Barney raised its price target on the widely held shares to $1.65, citing increased scale in various telecom infrastructure markets. JDS Uniphase added 7 cents, or 4.5%, to $1.62.

http://www.thestreet.com/_yahoo/markets ... 927_2.html

[pvk]

NEW YORK (Reuters) - JDS Uniphase Corp. (JDU.TO: Quote, Profile, Research) (JDSU.O: Quote, Profile, Research) on Monday said it will buy privately-held Acterna Inc., a high-speed Internet test and management service provider, for $760 million in cash and stock.
JDS, which makes equipment to build fiber optic networks, will pay $450 million in cash and $310 million in JDS common stock. The deal requires regulatory approval and is expected to close in the quarter ending Sept. 30, 2005.

The deal is expected to "accelerate" JDS's profitability schedule. For the quarter ending March 2005, Acterna's revenue was over $440 million.

The San Jose, California-based JDS, which posted a net loss of $38.6 million in their fiscal third quarter has sought to trim costs and jobs as it consolidates its manufacturing with contract partners. In April, it said it planned to cut 700 manufacturing jobs.

JDS in April said it expects revenue in its current fiscal fourth quarter to reach $160 million to $170 million.

[pvk]

RESEARCH ALERT-Smith Barney raises JDS to 'hold'
Tue May 24, 2005 09:04 AM ET
NEW YORK, May 24 (Reuters) - Smith Barney on Tuesday raised its rating on shares of JDS Uniphase Inc. (JDSU.O: Quote, Profile, Research) to "hold" from "sell," citing the benefits of the planned acquisition of Acterna, announced late Monday.
The stock was up 6.7 percent at $1.65 on the Inet electronic brokerage network Tuesday morning. It closed Monday at $1.55 on Nasdaq.

[pvk]

7:54am JDS Uniphase upgraded to "Buy" Needham

[pvk]

Conexant Systems (CNXT: news, chart, profile) was upgraded to neutral from underperform at CS First Boston, which cited the belief that the inventory overhang is behind the company, as well as relative valuation. Analyst Michael Masdea also believes the company has growth prospects in both the satellite set-top box and digital subscriber line markets, and thinks the company is close to being profitable.

[pvk]

Razões por estarem a subir bastante no Pre-Market?