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: t2 who wrote (9529)	4/25/2000 4:25:00 PM
From: Dalin	Read Replies (1) \| Respond to of 24042

WOW...watch this sucker move during after hours..... :0) D.

To: t2 who wrote (9529)	4/25/2000 5:57:00 PM
From: pat mudge	Read Replies (5) \| Respond to of 24042

Unedited Q&A. I'll type up opening remarks and post later: Q. CIBC --- on test and measurement. Where is "all other sales?" A: We don't break that out. Last Q our instru. grew 32% seq, Q: On Oracle update?Cutovers for Canada and Int'l A: All US major sites except epitax and Chronos, seems to be working well. All cut over of non-time sensitive data. We expect to cut next week. Aust. cut in early July. May 15 beg implementation in Ottawa and major Eu. facilities. Cut overs around beg. of Jan. Ottawa may take longer. I'm extremely pleased. Only surprises have been favorable. Goal to get each div. up and running. Powerful e-business to follow-on when up and running. Q: H&Q: Migration to higher speed, when cross-over pt. from OC48 to 192? What about 768 and what product gaps? A: 192 and 768 will be 3 or 4 years before it really comes on. Holy grail today is to increase wavelength management. Customers working on 40 gig systems. We're providing some products. Modulators, receivers, etc. Very much consistent with past practices. By time market develops we're ready with prototypes and manufacturing. Migration from 48 to 192, NT sets the standard. All other customers are migrating in respect to that for long haul transmission. Unit volume cross-over, this year, for sure. OC-192 is the standard to go to. Very much this year. Q: Robertson Stephens --- Talk about filter business and what % from 100 gig spacing filters? A: We have mixture of 100 and 200 gighertz. Working with all customers to provide capacity expansion they need. What's happening is that customers are building DWDM expansions as platform to provide growth in wavelength. Allocation isn't re: 100 gig but as growth of market demands. Many put in spacing and then infilling as business demands. Q: A lot of hybrids? A: Yes. Q: AWG products? A: Explorations now. Some licensing and some joint-packaging activities. Some products by 4Q or 1Q next year. Excluding ETEK. With ETEK, completed very soon, activity will ramp quickly. Q: Congrats --- Demand for components, vs. silicon, how long will it take for players to get capacity to catch up to demand? How evolving? Does DOJ work impact timing or any future acquisition thoughts? A: Capacity is an issue. Everything depends on last-mile solutions. As we get capacity out to end user, it generates huge demand back to main pipes. End will create vacuum behind it. We are in a tight situation for some time to come. We're ramping up factories as fast as we can. It won't get into balance for some time to come. Education re: ETEK is being done(DOJ) and it does employ a huge number of lawyers. Doesn't impact our productivity. Q: Clarification --- 4X increase in capacity. A: We started with 2X, then went to 3X, and now 4X. We are fortunate that our customers are seeing unprecedented demand. We have to continuously update. Market is exceeding our ability to ramp up. We see this for the next 2 or 3 years. 70 or 80 billion in revenue in the next quarter alone to meet forecasts. (Didn't hear well, may have misunderstood.) These are Xs coming on not just annually, but quarterly. Q: What about Cisco and others? Then what about outsourcing? Who is there? What does that mean for margins? A: Can't comment on any one customer. All customers are ramping rapidly. Outsourcing, we're still negotiating. Might just improve margins. Q: RBC Dominion Sec --- What sort of tightness in supply chain? A: Fortunately as the processes are, we've started 4X planning a year ago. We seem to be comfortable with supply chain management. Booked some of major activities under senior management to see what is demanded. Q: What is submarine market percentage? A: Don't have data with me. Call and I'll get it. A lot of product to submarine is for dry land and we don't know where products are being applied. Some are for terrestrial and some for submarine. Q: CSFB --- Target for module business as percentage of business for 2001? And for 980 nm chips. When using your own instead of purchasing. A: Demand is growing so fast, we have no answer. Really don't know. Orders for op. amplifiers are growing and it is difficult to forecast. Industry is tight capacity-wise. It will grow a few percentage pts. Won't shift dramatically. Some segments we look at in metro and datacom segments where modules will be increasing. Will grow but not by orders of magnitude. Q: Re opt. switches, current elec-mech are 1X2 and 2X2. As far as MEMs, could one dominate? A: They really are 2 different applications. We have 3 switching tech. Elec mech. Polimer wave guide, and MEMs. First applicable for smaller forms. Used for metro and ad-drop apps. Growing substantially. Matrix switches. go to 32X32. For metwork monitoring and testing. As far as systems aps. and large-scale, preference is for smaller power and smaller geo. form factor, i.e. MEMS. this market will explode as network elements become central. Chronos will supply elements going forward. They'll also dev. different applications. Q: 980nm products, what was sweet spot for power rating? A: Different numbers. Qualfication up to 5 or 6 MW. Req. further qualifications to bring into production. Q: Sprout sec --- ETEK OEM agreement. Is this factored in to increase of rev. guidance for 2001? A: We have been ramping up mfg. of couplers. Shipments have not been measurable. No benefits yet. We're working to change that in current quarter. Forecasts are not based on this relationship. Q: Outsourcing -- currently outsourcing module assemble? A: In the middle of evaluating these ideas. Not in position to announce anything. Will start in next couple quarters. Q: Congrats --- your CAP-X targets? Re: stock volatility, view of employee retention? A: CAP-X, $60-80M for 4Q. For next year, we don't have number yet. Staff? (couldn't hear answer) Q: ETEK has strategy of mfg in Asia. Are any plans including that or are you waiting? A: Not included yet. Q: JDS without ETEK are you looking at Asia? A: (couldn't hear answer --- Kevin's mike was terrible) Q: Any other customers becoming 10%? A: A number of others who are not far below 10%. Q: Any date for ETEK closure? June? A: Answer is we are getting stuff for compliance and after that it is 20 days. We're going like hell. Q: Paine Webber -- automation activities, is all expertise coming from inside? A: Combined approach. Several major groups inside working on automation. Also working with some established outside companies who have designed automation processes. Q: On competitive landscape and optical switching, Nortel Xros, did you evaluate these? A: What is important is that JDS Uniphase mfg and designs components and modules, Nortel's acquisitions are systems. Our desire to remain a component and module mfg. Chronos supports that. In our search with respect to one, we look at desired plans of other companies and how strategies work. Chronos acq. is a perfect fit. We're a supplier to these others. Q: Dain Rauscher Wessels --- Overview of inter-leaver and AWG technologies? As no. of channels increase and spacing gets smaller, how does it play out? A: We believe both technologies will be there for different aps. When you go for total networking. Interleavers being designed in some systems. Applications are driven by what market demands. Both of these will be used. Q: Congratulations -- RAMAN, how many customers in Q and what aps? What part of role in 40 gig networks? A: We shipped to several customers, 2 or more, and we think that our activity will play considerable role. We are comfortable with product design. Undersea? Not really. We see in long haul. Q: Wachovia Sec --- congratulations --- long haul is still the driver. What about metro as percentage going forward? Any change in mix this Q? A: Situation where long haul is still dominant. Metro bigger in 2003 or 2005 it may be bigger. It will accelerate faster than long haul. 2001 before vol. shipments start. Large number of systems coming to market. Variation of that -- we tend to divide world by NA thinking into metro and long haul. In EU and other parts of world there will be hybrid approach. There will be third market called short-haul-long haul. Summary: Key to year is manufacturing. Strategies are functioning well. As we understand mroe about bandwidth and demand, we look for a time constraint environment for some time to come. Huge ramp up in volume. Even that will not satisfy a complete balance in the market place. This is the most exciting time in the market place and we're glad to be in the center of it.