Shares of optical networking component and test equipment provider JDSU are trading lower Thursday after Raymond James analyst Simon Leopold cut his rating on the stock to Market Perform from Outperform.
Replacement and repair of this equipment should provide at least a short term revenue opportunity for companies such as KLA-Tencor, Flexstar, Teradyne and Xyratex as well as a host of other component and hard disk drive assembly and test equipment companies .
It is the only place on earth where, under the anti-ballistic missile treaty, the United States was allowed to test its strategic interceptor missiles, a key component of President Bush's missile-defence programme, sometimes known as Star Wars II.