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Technology Stocks : JDS Uniphase (JDSU)
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To: Kayaker who wrote (16831)1/22/2001 7:33:31 PM
From: t2  Read Replies (3) of 24042
 
Kayaker, I believe VTSS beat "consensus" estimates for revenues. I believe they missed as the report says, "some analysts' expectations for revenue growth".

Sort of like missing the whisper number on Revenue.

I believe it was the TXN warning that was hurting VTSS afterhours; not its own earnings report.

Another factor was the conservative sequential growth of 10 to 15% by the company. They cited the following reason:

"The conservative guidance is driven by the major macroeconomic slowdown that many industries -- and many customers -- are talking about," he said.

I would point out that the CEO also said that if things are better than expected, look for them to update investors during the quarter. That in itself was positive and seems to indicate that they don't see the real slowdown but are taking steps to cut estimates...just in case.

quote.bloomberg.com
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