/2020chronicle

JDS Uniphase earnings due today.

How important is this stock as an indicator?  Here’s some insight from Seeking Alpha…

“Let’s say an investor decided to buy $2000 of JDSU stock at 24.75 after the 588% run in 1997. This would buy 80 shares. This investor decides to hold JDSU and he does not sell until March 13, 2000. After splits, the original $2000 would turn into $1.34 million. A very modest investor could have been turned into a millionaire in just over three years.”

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