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To: Teri Garner who wrote (5533)2/28/2001 4:11:07 PM
From: 2MAR$  Respond to of 6445
 
JDS Uniphase co-chair files to sell $14 mln in stock

WASHINGTON, Feb 28 (Reuters) - A new co-chairman of
Canada's JDS Uniphase Corp. <JDU.TO> <JDSU.O>, the world's No.
1 supplier of fiber-optic components, plans to sell shares
valued at about $14 million, a U.S. regulatory filing on
Wednesday showed.
In a filing made with the U.S. Securities and Exchange
Commission, Donald Scifres has indicated he intends to sell
448,000 common shares of the company, which has offices in both
Ottawa, Canada and San Jose, California.
It was not immediately known if the shares have been sold.
A spokesman was not immediately available for comment.
Scifres is a former chief executive at SDL Inc., the
world's No. 2 supplier of components to boost the speed and
capacity of telecommunications optical networks. JDS acquired
SDL earlier this month.
The SEC document, which was filed on February 22 with the
U.S. regulatory agency, also shows that Scifres acquired the
stock he plans to sell from SDL after exercising options.
It would not be the first time Scifres has sold stock in
JDS and SDL in the past three months. He has already made about
$21 million after selling 175,000 shares, including 80,000
shares of JDSU last Wednesday.
JDS shares were trading $1-3/16 lower at $26-5/8. In the
past 52 weeks, they have been as high as $153-7/16 and as low
as $27-7/16.
((--John Poirier, Reuters SEC Desk, 202-898-8399))
REUTERS
*** end of story ***



To: Teri Garner who wrote (5533)2/28/2001 5:34:41 PM
From: Dave Gore  Read Replies (3) | Respond to of 6445
 
Teri, the sooner we all get tired of warnings or realize that virtually everyone has or will warn, the better. Expectations are finally going down. That's good. It's like going to a movie, if you don't expect something to be good, it's often is a pleasant surprise.

All together now...repeat after me....
"Performance of all tech stocks will be crappy, horrible, dreadful"

"Performance of all tech stocks will be crappy, horrible, dreadful"

"Performance of all tech stocks will be crappy, horrible, dreadful"

and maybe....

"Any stock with a PEG over 1 must go down"

"Any stock with a PEG over 1 must go down"

Let's get this downturn over with! Wouldn't that be nice?