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Technology Stocks : JDS Uniphase (JDSU)

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To: RetiredNow who wrote (20889)7/26/2001 5:26:41 PM
From: A.L. Reagan  Read Replies (2) of 24042
 
>>the Company reported a loss of $7.9 billion or
$5.99 per share for the quarter and $50.6 billion or $46.30 per share for the fiscal year ended June 30, 2001.<<

Is $50 billion in one fiscal year any sort of modern corporate record?

Hey, they've certainly outdone Nortel!

(Check out the way the bulk of the SDLI and ETEK write-downs are done retroactively in last quarters 10-Q.)

Talk about a popped bubble. Awesome.
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