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To: SusieQ1065 who wrote (8691)	7/26/2001 4:25:19 PM
From: SusieQ1065	Respond to of 208838

JDS Uniphase (JDSU) 9.47 +0.68: Company reports Q4 loss of $0.36 per share; reports Q4 revs of $601 mln vs consensus est of $600 mln; pro forma results for the quarter reflect costs of the Global Realignment Program and charges for the write-down of excess inventory; company will cut 16,000 jobs; see press release. JDS Uniphase (JDSU) 9.47 +0.68: -- Update -- Because the company did not break out the after-tax restructuring and inventory write-down charges, it is not possible to arrive at an EPS number which is comparable to estimates. But the pre-tax charge was $500 mln, which exceeded the pro forma loss of $477 mln, so it looks as if the math would bring you close to the $0.03 consensus if an after-tax charge had been provided. Finally, JDSU said that its prior downwardly revised $450 mln revenue estimate for the Sep qtr was too high, but would not offer specific guidance. Stock will reopen for trading at 4:40 ET.