JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: JAMES BORECKI who wrote (5845)	2/1/2000 12:15:00 PM
From: Master (Hijacked)	Read Replies (2) of 24042

Isn't that a little misleading and irresponsible on Yahoo.news??? Sales for the quarter were 119% above pro forma combined sales of $129 million in the quarter ended December 31, 1998, and were 22% higher than net sales of $230 million in the quarter ended September 30, 1999. Pro forma sales for the prior year combine the separately reported results of JDS FITEL Inc. and Uniphase Corporation, which merged in a transaction accounted for as a purchase at the close of business on June 30, 1999. Including merger-related and purchased intangibles amortization charges, the Company reported a loss of $131 million or $.38 per share for the quarter. Results for the quarter include the post-acquisition results of Epitaxx and Sifam which were acquired on November 15, 1999, and December 16, 1999, respectively, in transactions accounted for as purchases.

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