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Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?

To: vds4 who wrote (2352)	4/25/2002 4:48:30 PM
From: vds4	Read Replies (1) \| Respond to of 4470

ok, it appears that i am alone in thinking that the price of jdu already factored in the financials. they are getting hammered AH. not good and not fair IMO. the numbers are not far off everyone's expectations... or at least should have been. going for a run... too many vultures diving in on that one. m

To: vds4 who wrote (2352)	4/26/2002 8:15:40 AM
From: Al Collard	Respond to of 4470

JDU-t...in the news Globe/Reuters say JDS plans to chop 2,000 more jobs Fri 26 Apr 2002 The Globe and Mail reports in its Friday, April 26, edition that JDS Uniphase said Thursday it plans more cost cuts, adding a projected $165-million in annual savings, to bring the total annual cost reduction rate to more than $1-billion. A Reuters dispatch to The Globe reports that JDS plans to cut about 2,000 more jobs and close additional sites. JDS estimated the total cost of its restructuring will be about $1.1-billion, of which $876-million was recorded through the end of the third quarter. A charge of $25-million was recorded in the third quarter. JDS expects a fourth quarter loss, excluding charges under its restructuring program, of three cents to four cents a share on sales of $210-million to $230-million. The loss in the third quarter ended March 30 was $4.3-billion or $3.19 a share compared with a whopping loss of $41.8-billion or $36.63 in the year-ago period. Revenue in the quarter plunged to $261.8-million, down from $920.1-million in the prior year's quarter. Excluding one-time items, JDS posted a loss of $66-million or five cents a diluted share, compared with a profit last year of $160-million or 14 cents.