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Technology Stocks : Amazon.com, Inc. (AMZN)

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To: Bill Harmond who wrote (138145)	1/29/2002 8:48:16 PM
From: H James Morris	Read Replies (3) of 164684

Bill, couldn't you use a better example than JDSU? >>JDS Uniphase: The bottom is near By Chris Kraeuter, CBS.MarketWatch.com Last Update: 1:18 PM ET Jan. 29, 2002 JDS Uniphase CFO Anthony Muller repeated on Tuesday comments made last week that his company is getting closer to the bottom but that he doesn't know exactly when that will be. The comments were made at the Banc of America Securities Technology Conference on Tuesday. (See full Monday conference coverage.) Also in attendance at the session was CEO Josef Straus. He didn't speak, but was expected to be available at the company's breakout session scheduled for later in the day. Muller did say that his company will exhibit greater profitability when sales begin to improve. He said JDS (JDSU: news, chart, profile) has another $50 million to $100 million in cost cuts to do as part of an ongoing realignment program, having already cut $850 million in expenses. Muller also said he has lowered the company's breakeven point to less than $350 million per quarter in sales.

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