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To: Sector Investor who wrote (33338)	6/14/2001 4:35:19 PM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

Thursday June 14, 4:26 pm Eastern Time JDS Uniphase Cuts Guidance for 4th Quarter OTTAWA (Reuters) - JDS Uniphase Corp. (NasdaqNM:JDSU - news; Toronto:JDU.TO - news) the world's largest supplier of fiber-optic components, on Thursday cut its sales estimates for the fourth quarter, citing continued weakness in telecommunication carrier spending. JDS cut its forecast to revenues of $600 million from earlier projections of $700 million, it also said it expects first-quarter revenues to reach only $450 million. The company, which said it is reviewing its expenses, said the lowered forecast means it will take an increased excess inventory writedown of $225 million to $250 million. The reserves are expected to result in a fourth-quarter loss of 6 to 8 cents a share, excluding one-time charges.