Enron Mail

From:afternoon25@alerts.equityalert.com
To:alewis@ect.enron.com
Subject:Your News Alert for JDSU
Cc:
Bcc:
Date:Thu, 25 Oct 2001 19:44:18 -0700 (PDT)


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[IMAGE] [IMAGE] =09 As requested, your News Alert for JDSU follows from E=
quityAlert.com. JDS Uniphase Reports Loss Versus Year Ago Profit - Upda=
te (RealTimeTraders.com) - After the close of regular trading on Thursd=
ay, JDS Uniphase Corp. (JDSU), which makes fiberoptic communications equipm=
ent, announced its fiscal first quarter financial results, reporting a loss=
compared to a year ago profit.. JDS Uniphase reported a pro forma net los=
s for the quarter of $260 million or 20 cents per diluted share compared to=
pro forma net income of $177 million or 18 cents per share in the year ago=
quarter. The company said analyst estimates of a loss of 3 cents per share=
did not include certain charges that its reported results included. The co=
mpany said net sales for the quarter fell to $329 million from $786 million=
in the year ago first quarter. Jozef Straus, co-chairman, president and C=
EO of JDS Uniphase said, "Our industry continues to be affected by declinin=
g carrier capital spending and a weak overall economic environment, and we =
have adapted to these circumstances by dramatically re-engineering our Comp=
any through our Global Realignment Program." JDS Uniphase closed Thursday'=
s trading up 89 cents at $9.96 on a volume of 53.3 million shares. In after=
hours trading, JDS Uniphase has given back 90 cents to trade at $9.06. Cop=
yright© 2001 RealTimeTraders.com, Inc. All Rights Reserved [IMAGE] =
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