To: Sully- who wrote (30552 ) 8/25/2000 11:29:43 AM From: Sully- Respond to of 35685 The Wall Street Transcript Publishes Money Manager Comments on 8/25/00 7:46:00 AM Source: Business Wire URL: cnetinvestor.com JDS Uniphase Business Editors NOTE: This money manager interview is presented with the aforementioned company's full knowledge and permission. NEW YORK--(BUSINESS WIRE)--Aug. 25, 2000--Stephen Humphrey, investment team leader for Lord, Abbett & Co., examines portfolio management strategies in this timely and deeply informative 5,300- word interview from The Wall Street Transcript (212/952-7433) or twst.com . In a valuable review of investing strategies, Humphrey explains his approach to managing money and offers specific stock recommendations. Humphrey reports: "I think the one thing that you can't ever forget in managing money and buying companies is that you want to own good managements. We spend a fair amount of our time visiting companies and getting a real understanding of the management's thoughts. "If they conflict with ours, we may be wrong but we won't own them, because we owe it to our investors to make the decisions that we think are right. We'll let the performance determine whether we were right or wrong in the long run. Our turnover is likely to be around 30% as we expect to maintain our average holdings for three years." Humphrey reports, "JDS Uniphase (Nasdaq:JDSU), which we also like, has been making acquisitions at a very fast pace, basically gobbling up the technology in that space." To obtain this insightful 5,300-word report, call 212/952-7433 or see twst.com . The Wall Street Transcript is a premier weekly investment publication interviewing market professionals for serious investors for more than 37 years. The Wall Street Transcript has launched a new free service where investors can ask the above company (or any public company) a question at qawire.com . The Wall Street Transcript does not endorse the views of any interviewee nor does it make stock recommendations.