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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (22843)	7/16/2002 7:16:26 PM
From: OWN STOCK	Respond to of 24042

Lizzie: I think the overall percentage is about right...commercial rent in the valley is now about $1 per square foot for A/C and modest improvements (carpet and paint and ceiling). Brand new with office cubicles is under $3/sq. That is a far cry from $4-8/sqft about two years ago for 30 year old one floor tilt up fix'r-up'r. I would agree there are pockets where it may be approaching 60% vacant like Milpitas / Fremont area. There was quite a bit of new building in that area, and it appears to be sitting completely vacant. -Own