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Technology Stocks : JDS Uniphase (JDSU)
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To: Don Johnstone who wrote (176)4/14/1999 6:06:00 PM
From: quidditch  Read Replies (2) of 24042
 
Thanks, Don. Very impressive quarter, I would say. The $C0.33 (fully diluted) was well ahead of analyst's consensus (although not exactly a blowout). But, even more impressive in my mind was the top-line growth and even higher EPS growth, indicating that costs are under control in an exploding revenue context--SG&A increased far less in percentage terms than revenues.. Moreover, if you take into account that non-cash charges were up more than revenue growth (increase in PP&E) and that R&D also about kept pace with EPS growth (approx. 121%), it all shows a very strong, balanced quarter. Dr. Straus really knows how to run an operation. Glad he'll be COO for JDS-UNPH. Regards. Liacos_samui
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