JDS Uniphase: Ready for an Encore?

As the curtain descends on a dismal year, some investors see the leader in optical telecom equipment as a star with comeback potential

Beneath his customary black beret, Jozef Straus cuts a dapper figure on the drab telecom stage, but 2001 is one season in the spotlight he'll be glad to see coming to an end. Straus is the CEO, scientist, and tech visionary who built JDS Uniphase from a small Canadian supplier of components for optical telecommunications equipment into one of the brightest stars of the Internet boom. He has acquired a dozen companies since 1998, along with a 30% share of the burgeoning optical-components market (for a Q&A with Strauss, see "Banking on Broadband").

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