JDS Out of Phase or Back in Phaseposted by MR WAVETHEORY at 8/31/2006 11:25:00 AM
Even though results did improve, operating margins were still negative! Furthermore, the top line (ex Acterna) would have been flat as pointed out by Motley Fool, implying zero organic growth.
My take is that JDS is really a show me stock. With a decent acquisition under its belt, the current management team have once again shown that they are good deal makers. Now, they need to show they are business operators. Or it might not be long until the team at Acterna starts calling the shots.