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Strategies & Market Trends : Technical analysis for shorts & longs

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Dec 5 4:00 PM EST

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To: Johnny Canuck who wrote (35288)	11/28/2001 3:44:00 AM
From: Johnny Canuck	Read Replies (4) of 68650

Anyone know what is up with EMKR, nice price and volume increase on no news? *********************** Msg: 2751 of 2809 compound-semiconductor.com Emcore Amends VCSEL Arrangement with JDSU to "Customer-Vendor" Relationship October 16, 2001...Emcore Corporation of Somerset, New Jersey USA has made yet another important strategic move in the vertical direction toward a direct assumption from JDS Uniphase of the sales and marketing of Emcore prestigious line of 12 X 1.25Gbps fiberoptic transmitter and receiver modules and their own VSR OC-192 transponder modules. To enable EMCORE to directly market and sell its own branded products, JDSU and Emcore have agreed to amend their Joint Development, Manufacturing and Marketing Agreement. Under the terms of the amendment, "JDS Uniphase will provide transition marketing and sales services to Emcore. JDS Uniphase also will designate Emcore the primary vendor of VCSEL products for JDS Uniphase's VCSEL-based optical products and will, subject to certain terms and conditions, enter into a supply agreement with Emcore." This amendment essentially has the effect of changing the current JDS Uniphase-Emcore relationship from a distributorship arrangement to a customer-vendor relationship. Both companies believe that the change will better achieve their respective economic objectives. With the assumption of direct responsibility for this key product line, which Emcore has been producing for JDSU for some time, comes the expertise to make it a successful direct venture through the appointment of Matt Louis as Emcore's new Director of Sales and Marketing for Emcore's Fiberoptic Division. Prior to moving to the Emcore team, Matt was Business Development and Strategic Marketing Manager for JDS Uniphase. While at JDS Uniphase, Matt was responsible for the overall marketing and sales efforts of Emcore's products as well as JDS Uniphase's other high speed optical products. Matt has also held key positions in sales and marketing of broadband fiber optic products with Ortel Corporation and with Westinghouse Electric Corp. Details and comments from Emcore and JDSU principals involved are contained in the Emcore Press release .............................................

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