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

To: t2 who wrote (5075)	1/24/2000 7:16:00 PM
From: hasan syed	Respond to of 24042

Lucent considers tracking stock for optical unit By Reuters Special to CNET News.com January 24, 2000, 12:30 p.m. PT URL: news.cnet.com NEW YORK--Telecommunications equipment maker Lucent Technologies may create tracking stocks for its optical networking or microelectronics units and sell some slow-growing operations, sources familiar with the situation said. A tracking stock would let Lucent highlight the strength of its fast-growing businesses, particularly capitalizing on the recent fervor for optical networking stocks. No decision has been made on the creation of one or more tracking stocks. An announcement could be made this quarter, sources said. "It's fair to say that they are thinking about it," said one source, who declined to be identified by name. A Lucent spokeswoman said the company does not comment on rumor or speculation. Tracking stocks have become a popular way for companies to highlight a fast-growing unit and increase shareholder value. Lucent's former parent, AT&T, is launching a tracking stock for its booming wireless telephone unit. Lucent, which last week said first quarter profits fell 23 percent as revenue remained flat, is under pressure to regain investor confidence and restore growth, analysts said. Lucent has been pitted against chief rivals Cisco Systems and Nortel Networks in a fierce battle to supply telephone companies, Internet service providers (ISPs) and large corporations with sophisticated equipment that can transmit increasingly large volumes of data and voice traffic. An optical tracking stock may be well-received by the stock market and the unit could be valued as high as $70 billion, analysts said. Last fall, Lucent reorganized into four core units to better focus on the fastest-growing industry segments, such as semiconductors, wireless, optical and data networking, and professional services. Lucent recently has moved to expand its microelectronics unit, which makes sophisticated semiconductors for communications networks and products. The company recently agreed to acquire privately held Agere for about $415 million in stock to move into the market for programmable semiconductors for data networks. In addition to mulling tracking stocks, Murray Hill, N.J.-based Lucent is also looking to exit certain slow-growing businesses, sources said. The company recently shed its consumer telephone manufacturing assets to VTech Holdings, and the divestiture of other non-core businesses will likely follow, sources said. Divesting Systimax, which makes cabling systems for corporate campuses, would be an obvious move, analysts said. Systimax's declining sales has dampened Lucent's results for months and weighed on the performance of its so-called enterprise unit, which sells equipment to large businesses and government agencies.

To: t2 who wrote (5075)	1/24/2000 7:25:00 PM
From: Curtis E. Bemis	Read Replies (1) \| Respond to of 24042

Here is a product announcement for you--10Gbps modules-- JDS Uniphase Begins Shipment of 10 Gb/s Modules Canadian Corporate News - January 24, 2000 18:34 SAN JOSE, CALIFORNIA--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 witha built-in multiplex and demultiplex capability that simplifies system-level design, since system designers no longer need to dealdirectly 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 enablingfaster 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 10Gb/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 forthe 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 purelyhistorical 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 theline 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 resultsto 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 inthe forward-looking statements. FOR FURTHER INFORMATION PLEASE CONTACT: JDS Uniphase Kevin N. Kalkhoven/Anthony R. Muller (408) 434-1800

To: t2 who wrote (5075)	1/24/2000 8:21:00 PM
From: Gut Trader	Respond to of 24042

The futurist in me thinks that JDSU belongs in the DOW when these acquisitions are complete. why what till the year 2010 and say geez we shoulda added JDSU back in 2000... IA@the-future-is-now.com

To: t2 who wrote (5075)	1/25/2000 1:32:00 AM
From: who cares?	Read Replies (1) \| Respond to of 24042

I agree that revenue and profit matter to the S&P not just market cap so they may wait a little longer. That might even have the side benefit of a small correction so the impact isn't as great. On the other hand everyone knows this thing goes nowhere but up if you have a 6 month to 100 year time horizon, and it is a gorilla so they need to add as soon as possible. I think the positive impact of S&P addition will be muted somewhat by people buying in advance of it, selling into it. It's still going to be huge, as big as the market cap is a lot of shares will have to be bought, but there are people buying this expecting the big pop like YHOO, but with YHOO it was more out of the blue. CMB