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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Dave Kiernan who wrote (69864)	4/12/2001 11:25:55 PM
From: Ajay Aggarwal	Read Replies (2) \| Respond to of 122087

I was visiting JDSU head office in Sept. 2000, they were seeing some weak orders even then with ETEK/SDLI accquisitions consolidation, double ordering components right up to November in spite of orders. Then Nortel dropped the bomb this year. What the media prints is often lagging, and has been filtered down before getting to the little guy. JDSU's ascent was amazing though, especially when you see the original offices. You'd never know that this Canadian company would soar back in the early days.

To: Dave Kiernan who wrote (69864)	4/12/2001 11:26:50 PM
From: heronwater	Respond to of 122087

Dave, A friend our ours told us recently he is about to do his second wave of lay offs. Long time since he laid people off in the Spring. Appreciate your comments.

To: Dave Kiernan who wrote (69864)	4/13/2001 4:10:47 AM
From: pbull	Read Replies (1) \| Respond to of 122087

Very perceptive. You've hit on something that's important, IMO, wrt the media. I'll try to be brief, but this is important for all to understand. Those who work in the media, other than upper-level management, usually don't make much dough. Generally, the wage scale is based on what school teachers make. Now, media people, by necessity, must pursue multiple assignments at the same time. Which means they're always waiting for so-and-so to call them back so they can finish their story and go home. Here's the part all of you need to understand. In getting the facts right, a media person relies on someone in a position of authority _ the police chief, for example. If the chief of police says the sky is purple, then, by golly, it's a fact that the chief of police said that. In the interest of balance, a media person then finds someone who says he/she believes the sky is green. As long as that person is quoted correctly, then those become "the facts." Such statements almost always go unchallenged, except in cases of deep investigative reporting, which is a whole different subject. So, when a reporter can say to the editor, something like, the plant manager called me back and said (fill in the blank), then that becomes the basis for that day's story. Which, to get to the point, is why the media (TV, newspaper, doesn't matter) is almost always wrong, or at best misleading, when reporting what they consider to be fairly routine, day-to-day stuff. In a nutshell, that's it. There are always exceptions and special circumstances. I hope I have to contributed to your understanding of how the world works. If I have not, I apologize for wasting your time. PB

To: Dave Kiernan who wrote (69864)	4/24/2001 8:57:07 PM
From: Dave Kiernan	Read Replies (1) \| Respond to of 122087

To: Dave Kiernan who wrote (69861) From: Dave Kiernan Thursday, Apr 12, 2001 11:11 PM ET Reply # of 70624 The management have told assembly staff they would be reduced by 50%...in other words to 200 people from a projected 500 just 2 months ago...I think things not as rosy as today's market suggests. PS: even though the management told the staff on at least two different occasions, when the local media went to confirm, management denied. JDSU/SDL 4/24/00 Update: The local news announced 170 workers bought out or laid off indefinitely today. But wait there's more. The reporter discovered another previously unknown assembly site in the area. The employees there were not part of the forementioned story, but indicated there were layoffs coming at this location also. All the bad news is not out yet. Seems to me lots of jobs moving to China when things turn around, from comments made by JSDU.