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

To: Bill Holtzman who wrote (12867)	10/3/2000 7:38:57 AM
From: Labrador	Read Replies (3) \| Respond to of 24042

Interesting Post on Gilder Message Board. In light of comments made recently by Kevin Landis of Firsthand Funds, I addressed the following question to JDSU Investor Relations: QUESTION: In a recent interview with TECH INVESTOR, Kevin Landis, manager of Firsthand Funds, expressed a lack of confidence in JDS Uniphase's ability to scale up its manufacturing capacity to satisfy demand. As a JDSU stockholder, this is a matter of concern to me. Can you please tell me what steps have been taken, and will be taken, to maximize JDSU's ability to meet the strong customer demand? ANSWER RECEIVED TODAY FROM BARBARA MAYO OF JDSU: Mr. Landis is not on our analyst list, and has not attended any of our analyst days in which we host investors at our facilities and provide tours and information about our manufacturing. This is the only way that he could have accurate information on the subject. Our manufacturing facilities comprise 3.6 million square feet at present. We are successfully implementing a plan to increase our production by 4x in rolling 18-month periods. This program started in the second quarter of fiscal 2000 and remains on target. We are successfully implementing automation for our most labor-intensive areas, as well as outsourcing and improvements to existing processes. There are analysts who follow our company - and the photonic sector as well - who are knowledgeable about JDSU and its customers and competitors. We are not familiar with Mr. Landis or with his reports. To the best of my limited knowledge, Mr. Landis is the Manager of Firsthand Funds and not, himself, an analyst. This issue aside, Ms. Mayo’s response about a four-fold production increase over an extended time seems to me clear, concise and encouraging. Hopes this helps those who, like me, were wondering.

To: Bill Holtzman who wrote (12867)	10/3/2000 7:50:27 AM
From: t2	Respond to of 24042

NAZ futures up 30....gee, looks like another 100 point down day. These futures traders suck. Bill, They are up 56 now! I don't think we will get a down day for several reasons. The semi-conductor sales reports was a good sign. In addition, I think Cisco new optical plant today might be a factor. If CSCO's starts getting more and more into optical, you can bet JDSU will be supplying the components as Cisco does not have much inhouse capability. Chambers speaks to Maria (CNBC) in about 45minutes. Should be interesting. This futures up and Nasdaq dropping today scenario is believed by so many people that I think the pattern will not hold again. If it looks too predictable, especially if we hold gains right into about 10 AM, I can't see it happening again. I think we could get an initial sell into the rally followed by big buy orders and think that we don't really negative at all for the day. Of course the FED could be a bit of an unknown. There is just too much negativity for the Naz not to rally big in the coming days.

To: Bill Holtzman who wrote (12867)	10/3/2000 6:20:00 PM
From: t2	Read Replies (2) \| Respond to of 24042

NAZ futures up 30....gee, looks like another 100 point down day. These futures traders suck. I think you got it right Bill. This has been too predictable lately. I just thought that since someone will not pass up on easy money, they would be shorting the Nasdaq futures pre-market everyday. I sure hope they sell off the Nas futures tomorrow AM--at least there should be enough shorting for the gains to disappear. I had always felt that since everyone knows the pattern, it won't hold. Why would anyone want to pass up on a easy short on the Nas futures, every morning. I don't get it. That was my reason for not sticking to that theory. Another thing was the IBM earnings warning rumors. I hope they are not true --maybe even short sellers were expecting it. The short covering has got to start soon--I hope. BTW--why the hell do stocks go up afterhours--almost daily?