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To: 2MAR$ who wrote (6806)	7/18/2001 11:30:48 AM
From: 2MAR$	Read Replies (2) \| Respond to of 208838

DJ Finisar Sees FY02 Capital Spending Of $25M Vs $36.5M WASHINGTON (Dow Jones)--Finisar Corp. (FNSR) expects capital expenditures for fiscal 2002 to decrease to $25 million, compared with $36.5 million in fiscal 2001, according to the company's quarterly report filed Wednesday with the Securities and Exchange Commission. The 2002 expenditures will be for equipment, furniture and leasehold improvements, the company said. Finisar also said it recently acquired a manufacturing facility in Malaysia for a cash payment of $10 million, of which $2 million was for processing equipment and $8 million was for the building. Finisar, based in Sunnyvale, Calif., provides fiber-optic subsystems and network performance test systems. - Carrie DeLeon, Dow Jones Newswires; 202-628-7663 (END) DOW JONES NEWS 07-18-01 11:29 AM * end of story *