Jefferies' James Kisner is launching coverage of JDS Uniphase (JDSU) with a Buy and $14.75 PT....

|By:, SA News Editor

Jefferies' James Kisner is launching coverage of JDS Uniphase (JDSU) with a Buy and $14.75 PT. While noting the harmful near-term impact Thai flooding is having on JDS and other optical component vendors, Kisner likes the company's "near-trough valuation," and thinks Street estimates are too low given new opportunities in markets such as gesture recognition - JDS' components help power Microsoft's Kinect.