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

To: SJS who wrote (13233)	10/24/2000 2:55:02 PM
From: William F. Wager, Jr.	Respond to of 24042

SDL Inc Gets FDA Warning On Laser System Problems Dow Jones Newswires WASHINGTON -- SDL Inc. (SDLI) received a warning letter from the Food and Drug Administration for an alleged problem with the company's Diode Laser System used to treat eye defects. According to Federal Filings Business News, a letter to the company from the agency said FDA inspectors found a key from the FD-25 model of the laser could be removed when it was in the "on" position. Upon further investigation, the letter said, 40 FD-25 models, 289 FL-10 models and four FL-20 models were shipped despite having the problem. FDA investigators also cited poor record-keeping on testing of the laser systems. "When you have completed any production changes necessary to assure compliance of future units and you have submitted the required reports and report supplements, you may resume introduction of these products...," the letter stated. According to the company's Web site, SDL products are used in the treatment of eye-related cases such as photo-coagulation in the treatment of diabetic retinopathy. The company also offers optical pumps for Diode Pumped Solid State Lasers (DPSSL) and micro-lasers used for surgical and cosmetic practices. As reported July 10, JDS Uniphase Corp. (JDSU) and SDL Inc. announced a merger agreement, where each share of SDL will be exchanged for 3.8 shares of JDS Uniphase. Shares of SDL Inc. were recently trading at $317.56, down $14.56, or 4.5%. Nasdaq volume reached 3,760,200 shares, compared to a daily average of 4,514,423.