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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (2252)9/23/2002 3:14:05 AM
From: AugustWest  Respond to of 57110
 
Well then, I suppose I;ll just have to be a nonparticipant in this one.
No sweat off my brow.
To be honest, I wasn't really that comfortable with the WAG I made for the ultimate bottom anyhow.
I fear I may be early.



To: Jorj X Mckie who wrote (2252)9/23/2002 4:08:05 AM
From: AugustWest  Read Replies (1) | Respond to of 57110
 
JDS Uniphase Revises Guidance
Monday September 23, 4:00 am ET

OTTAWA and SAN JOSE, Calif., Sept. 23 /PRNewswire-FirstCall/ -- JDS Uniphase Corporation (Nasdaq: JDSU and Toronto: JDU) today revised its outlook for the current quarter. The Company anticipates net sales for the first quarter ending September 30, 2002 will be $190 to $200 million as compared to earlier guidance of $200 to $210 million.

The anticipated revenue decline is due to continuing weakness in the Company's telecommunications markets. Consistent with earlier guidance, the Company expects to report a pro forma net loss of $0.06 to $0.08 per share, excluding charges under the Global Realignment Program. Also consistent with earlier guidance, the Company anticipates that contract cancellation revenue included in the above sales guidance will be $10 to $20 million for the quarter. biz.yahoo.com