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Technology Stocks : SDL, Inc. [Nasdaq: SDLI] -- Ignore unavailable to you. Want to Upgrade?


To: dianeinreno who wrote (3165)10/24/2000 2:49:35 PM
From: pat mudge  Read Replies (3) | Respond to of 3951
 
fda warns there may be a problem with sdli's laser for eye treatment....is this really a major problem...or is this news leaked to bring this stock dn.?

I don't think SDL makes medical lasers. If they do it's such a small fragment of their business it wouldn't amount to a hill of beans.

Where did you hear they did?

Okay, I've called a couple folks and found out SDL used to sell to a small company that did eye laser systems. It was a tiny tiny contract and my sources say they think Greg cut it off when he came on board. I'll get verification of this later today. It would be miniscule, even if they still have the business.

Pat



To: dianeinreno who wrote (3165)10/24/2000 2:49:35 PM
From: SJS  Read Replies (1) | Respond to of 3951
 
Here's more data:

SDLI, a maker of parts for FO equiptment, manufactured medical lasers that weren't in compliance with federal guidelines, according to a letter issued by the US FDA.

The FDA sent an official warning letter to the company, which is geing bought by JDSU, after FDA inspectors noticed problems with the configuration of power switches on some of SDL's lasers. Inspectors also said that some lasers were missing a label that must be mounted on the machine in a particular way.

The FDA issues hundreds of warning letters every year, of which only a handful result in further agency action.

__________
That's the jist of it....I typed in most of the news release.

Steve