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

To: Dr. D who wrote (11084)	7/6/2000 11:55:30 AM
From: Master (Hijacked)	Read Replies (1) \| Respond to of 24042

Doc, It appears that most of the fiber optic stocks, such as CIEN, SDLI and GLW, have also slipped in last couple of days. I don't think there is any reason to be concerned....yet!

To: Dr. D who wrote (11084)	7/6/2000 2:59:51 PM
From: Hands Off	Read Replies (1) \| Respond to of 24042

re sell off. ETEK insiders selling? Poster on Raging Bull indicating ETEK folks are selling. His source is theflyonthewall.com (I did not sign up for trail membership.) ragingbull.com Sorry if already posted. marshall

To: Dr. D who wrote (11084)	7/6/2000 3:14:49 PM
From: pat mudge	Read Replies (2) \| Respond to of 24042

I'm one of the few who actually reads SEC filings. For what it's worth: freeedgar.com The following segments give some concern: . . . our existing Uniphase Netherlands facility has not achieved acceptable manufacturing yields since the June 1998 acquisition, and there is continuing risk attendant to this facility and its manufacturing yields and costs. Moreover, we recently completed construction of a new laser fabrication facility at Uniphase Netherlands, and this facility has not yet reached targeted yields, volumes or costs levels. . . . The impact of these mergers and acquisitions as well as other acquisitions consummated in the past five years resulted in amortization expense of $249.6 million and $607.7 million for the three and nine months ended March 31, 2000. In addition, we are also accounting for the E-TEK merger using the purchase method of accounting. In-process research and development, which is currently estimated at $251 million, will be expensed in the fourth quarter of fiscal 2000. Intangible assets including goodwill will be generally amortized over a five year period. The amount of purchase cost allocated to goodwill and other intangibles is estimated to be approximately $16 billion. If goodwill and other intangible assets were amortized in equal quarterly amounts over a five year period following completion of the E-TEK merger, the accounting charge attributable to these items would be approximately $843 million per quarter and $3.4 billion per fiscal year. After the merger was complete and the stock didn't rebound, I took half my position off the table. I'll add when I see more strength. Pat