STOCKCHASE

Has now drop down to his model price and feels it will continue to $12.05 (US$). Earnings estimates are the key here. They had a big negative revision. There is a 2% negative differential.

2007-05-24

SELL

19.230

Chyanne Fickes

This falls in with a group of stocks that she doesn't feel are investment grade anymore. She just doesn't trust them. They're not profitable.

2007-02-06

DON'T BUY

18.390

More attractive since they turned profitable. Would like to see the growth rate really improve before buying.

2006-11-09

DON'T BUY

18.900

Ian Nakamoto

Business conditions are still pretty tough. Wouldn’t be his favourite sector.

2006-11-07

Comment

15.920

Laura Wallace

Did a reverse stock split, but it has no effect on the individual stocks.

2006-10-24

SELL

2.400

Doing a reverse split. A lot of people have high expectations longer term. There was a really decent bounce in their group and they did not participate well. Fundamental story is not that good.

2006-10-16

DON'T BUY

2.430

Technically, it is developing a bit of a base. If it does develop into a big bottom, it could retrace up to the $4 level over the next 6-12 months. If not, it could be halved from here.

2006-10-11

DON'T BUY

2.360

Gavin Graham

At the back end of the capital equipment cycle for telecom equipment. It is fibre-optic cable and DWDM multiplexes.

2006-09-06

DON'T BUY

2.970

Chris Smith

Trying to remain relevant. The whole fibre-optic thing has died down tremendously. Not making any real money.

2006-08-28

DON'T BUY

2.420

Gavin Graham

There was a big run-up on expectations of a big fibre-optic boom but it is not materialising. This company is at the back end of the food chain.

2006-08-10

DON'T BUY

2.450

Peter Hofstra

An industry that gap massively overbuilt followed by tremendous write-downs. The price is still not compelling.

2006-07-10

DON'T BUY

3.750

Feels their business is turning. The optical business in the communications side is showing some acceleration. Expensive with a valuation of 5 X sales and 98 X next year's earnings. Margins are paper thin.

2006-05-09

DON'T BUY

4.020

Jonathen Wellum, B. Comm, B. Sc

Despite some diversification, he still doesn't think there is much growth in this stock. The valuation is relatively high. Current markets are not there for them.

2006-04-26

BUY

4.070

Ben Rogoff

Almost a proxy for all the good/bad stuff that happened in the last bubble. Made a very interesting acquisition when they took over Acterna. Set them up very nicely. Pretty well positioned and ultimately, if the backbone is going to be upgraded, this company is absolutely in there. Will probably be a good investment to have over the next few years.

2006-04-24

DON'T BUY

4.630

Chris Smith

Earnings have not dramatically improved. Stock is probably moving on a sentiment shift in the market rather than fundamentals. Believes there is a capital spending cycle coming on the telecommunications side, but the question is, who was going to benefit from it. Isn't seeing any robust demand for fiber optics.

2006-03-21

DON'T BUY

4.590

Bill MacLachlan

JDS Uniphase is a speculative stock. Still working out a lot of issues with their over-expansion and the difficulties they got into from the past. Very competitive environment now compared to the past. There has been signs of recovery. He would not be interested in holding.

2006-03-15

DON'T BUY

4.330

JDS Uniphase is a busness that has over a billion cash and 6 billion dollar market cap, but it is still not making money. Recommends not to buy.

2006-03-08

WAIT

3.420

Come back from deep. Trend is decent. Watch for a pull back. Picture developing nicely. Starting to come around.

2006-02-08

DON'T BUY

3.540

The stock has had a decent move up off the bottom. Doesn't see that there is that much in the product portfolio right now. There is nothing really happening on the capital expenditure equipment, especially the fibre. There is still a massive amount of shares outstanding.

2006-01-16

DON'T BUY

3.220

From a technical analyst prospective seems to have turned the corner. It only ranks 375 in his database. The last four quarters of earnings have been negative at minus 11% and there was a minus 3% surprise in the most recent quarter. It looks like they will have a 60 P/E which is very expensive.

2006-01-12

DON'T BUY

3.130

Jonathen Wellum, B. Comm, B. Sc

Ranks about in the middle of his database. Earnings have been revised downwards by about 6% in the last 90 days. Most recent earnings were down about 46%. From Jun/06 earnings are expected to go from -$0.08 to break even. Looking out to Jun/07, earnings estimates are $0.06 giving a 53 P/E.

2005-12-08

DON'T BUY

3.120

His technical analyst does not see any value in this company. There are better alternatives.

2005-12-02

DON'T BUY

3.250

Ron Meisels

Has been in a horizontal trading range since 2002. If it breaks through $3 there will be a lot of people getting excited about it. The company is going through a reverse split which has a stigma to it.

2005-12-01

DON'T BUY

2.670

Had gone through a death spiral since the end of the 90's when they were making so much money off the optical components for Nortel (NT-T) and others. Had tons of cash and used some of it to make an acquisition which is working out well. There is now some improvement in demand for optical components. Not earning money yet. Too expensive.

2005-11-16

DON'T BUY

2.800

Won't ever be the company that it was.

2005-11-08

DON'T BUY

2.600

Recently had a reverse split. Typically, consolidations historically, have a negative connotation on stock prices. Not the time to buy yet. This stock ranks just below neutral in his quant model, so it has improved substantially over the last little while, but the year over year earnings growth is still negative.

2005-10-27

DON'T BUY

3.040

A very active and speculative stock. Has dropped and is now trying to make a bottom. There are some constructive technicals happening. The last breakout was on spectacular volume which is froth which makes him cautious.

2005-09-28

BUY

2.910

Michael Smedley

New CEO. Looks like they are making some turn arounds. A reverse stock split is slated. A good speculative buy.

2005-09-27

DON'T BUY

2.200

His model price is $0.66. A 57% discount and no earnings.

2005-09-07

DON'T BUY

2.110

Rob Callander

Somewhat speculative. At the point in the market where you should be staying with large cap dividend paying companies.

2005-08-10

DON'T BUY

2.100

The same as Nortel (NT-T). Too early to expect much out of that whole industry. Telecoms got quite overbuilt in 2000 and needs a lot of working out.

2005-06-16

DON'T BUY

2.170

Jean-Francois Tardif

Had shorted this stock and covered it at around $1.90. Has a lot of cash. They don't make a lot of money. Just made an acquisition which will provide $40 million of EBITDA.

2005-06-01

DON'T BUY

1.930

The market wants to see profitibility. Looks cheap, but they need something to grow, like new products.

2005-05-16

DON'T BUY

2.400

Peter Hofstra

When the tech bubble burst, they had to transition their business away from their hard core optical which is no longer a strong franchise for them. Where they are making all their money is still a very tough end market.

2005-04-19

BUY

2.170

Pierre Bernard

In a new technology cycle, this one will probably be the last one to move. Went through many difficulties.

2005-04-18

DON'T BUY

2.140

The company itself has a long term future with products that are in demand, but the valuation in the tech sector, despite the big sell off, they're still an expensive stock.

2005-04-13

DON'T BUY

2.200

Looking at the stock chart, there are a mountain of sellers waiting to get their money back. There really is no driving force for some ramp in revenue.

2005-04-12

DON'T BUY

3.210

Opportunity for fibre optics is the last mile, i.e. into the homes. Because Telco's are faced with cable getting into telephone services, they want to get into video service. Verizon is leading the charge. JDS is still a leader in this space. 50% of its revenues is from communications which seems to be turning around. Valuation is extremely high.

2005-01-20

DON'T BUY

3.800

Ranks in the bottom 10% of their data base. Earnings estimates have come down 7% in the last 90 days.

2004-12-09

DON'T BUY

3.720

Duncan Stewart

Long haul fibre networks are still not full. "Fibre to the home" is really expensive and not sure that JDS is perfectly levered to that. Valuation is high.

2004-11-12

DON'T BUY

3.770

They were the long haul fibre business and feels that the emphasis will be to the home. Can't see much growth here.

2004-11-11

DON'T BUY

4.200

There has been a tepid demand for their product. Avoid. Look for new areas of strength.

2004-10-25

DON'T BUY

4.050

One of the great destoyers of capital in the Cdn stock market. Doesn't know why anyone owns it. A badly managed company.

2004-10-12

WEAK BUY

4.500

Short term chart shows opportunities as a trading vehicle and wouldn't treat as anything else. Very strong dominating down trend. Use a stop at the August low point.

2004-09-20

DON'T BUY

4.430

Peter Brieger

Have had their first quarter of increased revenues which has created a pop in the price. Speculative. In time, preference would probably be Nortel.

2004-08-04

DON'T BUY

4.620

Jonathen Wellum, B. Comm, B. Sc

Has been badly stalled. Doesn't see any way for it to get out of the dips that it is in. Needs a complete review of senior management.

2004-07-29

DON'T BUY

5.180

Very difficult to get long-term visibility and to understand the products and their margins. Speculative.

2004-06-25

DON'T BUY

5.550

Valuation concerns them. Trading at 6/7 X sales. Not making any money. Has the sense that there and markets are starting to turn.

2004-03-26

DON'T BUY

5.400

Norman Levine

Too expensive. Peak earnings is only about $0.15 a share. Anything more than $2/3 is too much.

2004-03-22

DON'T BUY

5.500

Has had a good move. Would be concerned that it is a secondary player in the telecom space.

2004-03-15

DON'T BUY

6.450

Laura Wallace

Very expensive. Not a good earnings growth rate or earnings profile.

2004-02-25

SELL

6.600

Peter Brieger

Outrageously priced stock. Forget it. Only own if you have a strong view of techs over the next 5 years.

2004-02-04

HOLD

6.680

Laura Wallace

Extraordinarily expensive. Sales are picking up. Great products. Risky stock. May rebound.

2004-01-29

SELL

6.790

Andrew McCreath

JDS' business continues to be lousy. Shares moved up based upon rumours.

2004-01-28

DON'T BUY

6.680

Going up on momentum. A one trick pony. Would prefer Nortel.

2004-01-27

SELL

6.970

Andrew McCreath

Feels their business continues to be lousy. Shares moved up on rumors that Alcatel was going to buy the company.

2004-01-26

DON'T BUY

7.520

Hadn’t participated in the tech rally, Earnings don’t justify the price. A gamble.

2004-01-20

DON'T BUY

7.520

Peter Brieger

Rumors of a takeover by Alcatel. Looking very speculative. If you own, consider taking profits.

2004-01-20

DON'T BUY

8.650

Ted Macklin

Think it has moved up in sympathy with the rest of the telecom industry space. A fine company with a decent balance sheet. Doesn't feel the customers are ordering the equipment as yet.

2004-01-19

DON'T BUY

6.750

Have a good balance sheet. Expects that orders will start coming in, but prefers the Cisco’s and the Nortel’s.

2004-01-16

DON'T BUY

4.770

Ray Steele

Prefers others, such as Nortel or Lucent. Can't remember them ever making money.

2003-12-31

DON'T BUY

4.510

There is an over abundance of optical gear. Very difficult to get pricing power. Does not expect revenues to start increasing.

2003-12-16

DON'T BUY

4.300

Not a good outlook. Still a lot of dark cable. Dead money.

2003-12-09

HOLD

4.360

John Sinkins, CFA

Fiber optics has not responded strongly. Still some dark fiber out there. Have diversified into more interesting areas. Won't move much.

2003-12-08

DON'T BUY

4.710

Stephane Rochon

Very expensive. Trading at 6 X forward sales. Business trends for their core products has stabilized, but at a very low level. No growth. Keeps going lower and lower chasing a breakeven point.

2003-10-27

DON'T BUY

5.510

Ted Macklin

There is a lot of capacity in place and the demand for it is still not strong. Wireless could displace demand for fibreglass into the home.

2003-09-23

SELL

5.580

Gavin Graham

At the bottom of the food chain. Needs a bigger demand in the tech sector.

2003-09-18

DON'T BUY

5.500

Half their business is low margin and half is reasonable. Valuation is too high.

2003-09-08

DON'T BUY

4.880

Kyle McKay

You can park your money someplace else and do much better. There has been no growth in their revenues.

2003-08-28

DON'T BUY

4.160

Glenn Paradis, BA, CFA

Still expensive.A lot of overcapacity.A lot of pricing pressure.Fundamentals have to change.

2003-08-13

BUY on WEAKNESS

4.470

Dominating the optical component business. Very expensive here.

2003-07-24

DON'T BUY

4.510

Have run ahead of fundamentals. Needs to be $4 lower.

2003-07-21

DON'T BUY

4.700

Brad Willock

Has pretty well stayed flat. Has a lot of cash. Their customers are not buying much yet.

2003-07-17

HOLD

5.180

Has a good store of cash. Trying to develop products outside of fibre optics. There are better companies available.

2003-07-15

DON'T BUY

5.100

Has run a long way. Would not be a buyer at this level.

2003-06-20

DON'T BUY

5.430

Michael Sprung

2003-06-12

DON'T BUY

5.800

Ranks relatively low in their database model. Has a very high PE. End customers still have products on their shelves.

2003-06-06

DON'T BUY

5.180

Too much over capacity in the fibre optics sector. It will take a long time to turn around.

2003-05-30

DON'T BUY

4.540

A little bit overbought technically.

2003-05-26

BUY

4.790

John Sinkins, CFA

Fibre optics will be a growth industry, but 3 or 4 years. Acquisitions they made are now generating their revenues. Will be a survivor.

2003-05-14

DON'T BUY

4.750

$0.90 cash per share. Not making money. Overvalued. Only worth $2.

2003-04-30

DON'T BUY

4.750

A lot of speculative money is moving in. No earnings. If you buy, treat as a trading stock.

2003-04-30

DON'T BUY

4.870

Brad Willock

Customers are not healthy. Expects telecom will have to start stabilizing. Has a lot of cash and they will survive.

2003-04-22

DON'T BUY

4.700

Ted Macklin

Doesn't see a lot of upside in the next year. Customers are not buying.

2003-04-07

DON'T BUY

4.600

Good management and price is looking better, but not sure where the industry is going.

2003-03-19

DON'T BUY

4.500

Will be dead money for a while. Expensive.

2003-01-22

DON'T BUY

4.650

Ben Stadelmann

A dangerous stock. Not a fan of management.

2003-01-21

DON'T BUY

4.470

Their sector is in a very narrow focus area, so could be 12/18 months away fro decent growth.

2003-01-17

DON'T BUY

5.150

High risk currently. Will be a while.

2003-01-07

BUY on WEAKNESS

5.060

Will take 2/3 years before they make much money. Try to but at $4 for a 2/3 year time horizon.

2003-01-06

DON'T BUY

5.060

Michael Sprung

Have to wait for telecoms to start spending.

2003-01-06

DON'T BUY

4.420

Jeff Morrison

Sector is slow for a while.Too much supply. Should weather the storm.

2002-12-27

DON'T BUY

4.420

Need to see some earnings. Has a lot of cash.

2002-12-27

DON'T BUY

5.080

Still struggling.

2002-12-10

BUY on WEAKNESS

5.280

Feels that their revenues are stabilizing. Would buy at a lower level.

2002-12-06

DON'T BUY

8.250

Will take awhile.

2002-12-05

DON'T BUY

3.920