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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (38643)	1/30/2000 7:19:00 PM
From: Haim R. Branisteanu	Respond to of 99985

Yep - Paid just $380 million for fluff and now they write it of. JDS UNIPHASE CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in millions except per share data) (unaudited) Three months ended Six months ended December 31, December 31, 1999 1998 1999 1998 ------------------------------------ Net sales $ 281.7 $ 63.8 $ 511.8 $ 121.2 Cost of sales 139.2 33.5 264.5 62.4 ------- ------- ------- ------- Gross profit 142.5 30.3 247.3 58.8 Operating expenses Research and development 21.6 5.8 38.9 11.4 Selling, general and administrative 33.8 8.4 61.6 15.5 Amortization of purchased intangibles 185.1 4.0 358.0 7.9 Acquired in-process R&D 19.7 -- 19.7 -- Other operating expenses -- 6.3 -- 6.3 ------- ------- ------- ------- Total operating expenses 260.2 24.5 478.2 41.1 ------- ------- ------- ------- Income (loss) from operations (117.7) 5.8 (230.9) 17.7