Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (5071)	1/24/2000 5:57:00 PM
From: t2	Respond to of 24042

This might be a reason for the afterhours activity. Product announcements are usually a good thing. Here is the story. newsalert.com January 24, 2000 17:51 JDS Uniphase Begins Shipment of 10 Gb/s Modules SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 24, 2000--JDS Uniphase Corporation (Nasdaq:JDSU)(TSE:JDU) today announced the first shipment of 10 Gb/s transmitter and receiver modules to meet customers' growing demand for products with higher functionality. In addition, JDS Uniphase is expanding its line of 10 Gb/s transmitter and receiver modules with versions that support short distance, intermediate reach, and long reach applications. The module line is expected to include transmitter/receiver pairs with a built-in multiplex and demultiplex capability that simplifies system-level design, since system designers no longer need to deal directly with 10 Gb/s signals. This broad offering of 10 Gb/s modules is expected to give communications system designers flexibility in selecting the optimum system solution and reduce development time, thus enabling faster time-to-market on 10 Gb/s system products. "We are pleased to be one of the first companies to provide our customers with 10 Gb/s module technology," said Kevin Kalkhoven, JDS Uniphase Co-Chairman and CEO. "Providing our customers with 10 Gb/s products that provide a higher level of functionality is key to enabling them to meet their time-to-market challenges." JDS Uniphase is a high technology company that designs, develops, manufactures and distributes a comprehensive range of products for the growing fiberoptic communications market. These products are deployed by system manufacturers worldwide to develop advanced optical networks for the telecommunications and cable television industries. JDS Uniphase Corporation is traded on the Nasdaq National Market under the symbol JDSU and the exchangeable shares of JDS Uniphase Canada Ltd. are traded on The Toronto Stock Exchange under the symbol JDU. More information on JDS Uniphase is available at www.jdsunph.com. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These statements may be identified by their use of forward-looking terminology such as "believes," "expects," "may," "should," "would," "will," "intends," "intention," "plans," "estimates," "anticipates," and similar words. Such forward-looking statements include, but are not limited to, the statements regarding the expected expansion of the line of 10 Gb/s modules, the products included in such line and the benefits to communications system designers. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. Risks and uncertainties that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, factors discussed from time to time in reports filed by JDS Uniphase Corporation with the Securities and Exchange Commission. The forward-looking statements contained in this news release are made as of the date hereof and JDS Uniphase Corporation does not assume any obligation to update the reasons why actual results could differ materially from those projected in the forward-looking statements. CONTACT: JDS Uniphase Kevin N. Kalkhoven/Anthony R. Muller, 408/434-1800 JDS UNIPHASE CORP - JDSU Price 216 1/16 Net Change -17 1/16 Volume (000) 12155 Day High 243 Day Low 210 as of 01/24/00 17:51 PM EST More Info JDSU