Through TheFLY's Eyes: JDS Uniphase Corporation
from Theflyonthewall.com







Needham Upgrades JDSU To Buy

On Monday, we blogged about using JDS Uniphase's (JDSU) price weakness as a buying opportunity, after the company issued a $375 million convert last Thursday night and the stock got killed. Needham this morning upgraded the stock to a Buy from a Hold, agreeing with TheFlyOnTheWall.

The company has a new management team and a bunch of new products that are coming to market. JDSU looks like it is going to succeed.