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Technology Stocks : JDS Uniphase (JDSU)
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To: pat mudge who wrote (11010)6/22/2000 7:20:00 PM
From: peggylynn  Read Replies (4) of 24042
 
I'm trying to find out what this means to the competition. I think the merger approval is positive and I'm hoping that's the primary message.

I would assume that the competition would be getting some of the share that JDSU/ETEK had first dibbs on. However, JDSU is expanding production at OCLI. I assume this is to make up for any potential shortfall in thin film coatings from the DOJ ruling. IMO, it is excellent news as DOJ did not require an OCLI divestiture. - peggylynn

Thursday June 22, 12:02 pm Eastern Time

JDS Uniphase creates up to 200 UK jobs

LONDON, June 22 (Reuters) - JDS Uniphase is to expand its operations in Scotland, creating up to 200 new jobs, officials said on Thursday.

Locate in Scotland, a government development agency, said JDS's subsidiary Optical Coating Laboratory inc (OCLI) would spend two million pounds to boost its plant at Dalgety Bay in Fife, near Edinburgh, where 120 people work.

OCLI is the world's largest manufacturer of optical thin film coatings. The new facility will make telecommunications components which should be ready to ship from November.

The plant is near Scotland's ``Silicon Glen'', where several micro-chip operators such as Motorola (NYSE:MOT - news) are also based.
biz.yahoo.com
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