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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Dexter Lives On who wrote (398)	1/25/2001 4:24:22 PM
From: Dexter Lives On	Read Replies (1) of 5144

News Summary by Briefing.com Updated: 25-Jan-01 AFTER THE CLOSE ****** JDS Uniphase (JDSU) 55 7/16 -7 5/8: -- Update -- Company guiding revenue estimates lower for Q3 to about $1.0 bln, less than current estimates of about $1.03 bln; JDSU cites "uncertain carrier capital spending prospects, customer inventory adjustments, and a somewhat lower level of near-term sales visibility" for the change. Keeps EPS guidance roughly intact. JDS Uniphase (JDSU) 55 7/16 -7 5/8: -- Update -- Reports Q2 earnings of $0.21 a share, $0.02 better than the First Call consensus of $0.19, vs year-ago earnings of $0.09. Sales of $925 mln were 18% above pro forma combined sales of $786 million for the quarter ended September 30, 2000 and 161% above pro forma combined sales of $354 million for the quarter ended December 31, 1999. We'll see if this is reacted to as with the PC sector (headfake down then rally) or if a new set of fears take hold. My bet is on the former... Rob

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