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Technology Stocks : SDLI - JDSU transition -- Ignore unavailable to you. Want to Upgrade?


To: pat mudge who wrote (717)3/13/2001 1:03:49 PM
From: SJS  Read Replies (1) | Respond to of 3294
 
Hello all. Some comments from Merrill Lynch conference being held currently:
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12:51 ET JDS Uniphase (JDSU) 22 9/16 -5/16 (-1.4%): At Merrill Lynch Global Conference company emphasis is on their broad product base which Merrill suggests leaves it well positioned once capital spending picks up. JDSU indicates that a key going forward will be reducing costs through automating manufacturing which is well underway. However, outlook still clouded due to economic slowdown, excess inventory at customers and reduced spending at carriers.