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Technology Stocks : JDS Uniphase (JDSU)
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To: Kayaker who wrote (13544)10/26/2000 8:29:37 PM
From: Kayaker  Read Replies (1) of 24042
 
<font color=green>Next Quarter and the Fiscal Year.
From the CC, Timemark: 27:10 minutes.
Tony Muller, Executive Vice President and Chief Financial Officer

Those following our company know that our guidance for the first quarter was for sequential sales growth in the high teens. We feel that the same guidance is appropriate for the second quarter based on the strength we see in our markets, our significantly higher backlog, and our capacity expansion plans. However, we must increase our guidance for sales growth for the fiscal year ending June 30th. The following numbers are based on growth from a base including ETEK sales for last year. In April, this guidance was 75%, subsequently increased to 80% and 90% in May and July respectively. Now, we believe fiscal 2001 sales will be at least 115-120% above pro forma combined sales of $1.77 billion from fiscal 2000.
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