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Technology Stocks : JDS Uniphase (JDSU)

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To: Hank Stamper who wrote (14254)	11/15/2000 5:02:47 PM
From: John Carragher	Read Replies (1) of 24042

Dow Jones Newswires -- November 15, 2000 Dow Jones Newswires JDS Uniphase CEO Straus Reiterates FY01 Rev Guidance Dow Jones Newswires NEW YORK -- JDS Uniphase Corp. (JDSU) Chief Executive Jozef Straus said Wednesday the fiber optic component maker will see sequential revenue growth in the high teens during the current second fiscal quarter. The company reported $787 million in revenue during the first quarter of year 2001, a sequential increase of 23%. Straus told attendees at the UBS Warburg Global Telecom Conference here that JDS Uniphase continues to increase capacity worldwide while adding automation to its manufacturing process. Straus and Chief Financial Officer Tony Muller reiterated previous guidance, saying the company expects year-over-year sales growth of 75% in the January quarter, 80% in the April quarter, 90% in the July quarter, and 110% in the October quarter. As for its acquisition of component maker SDL Inc. (SDLI), Mueller said the company's response to a second Department of Justice request for information is proceeding and the deal is expected to close next month. -Johnathan Burns, Dow Jones Newswires; 201-938-2020

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