JDS Uniphase (JDSU)

[riverhigh22]

To Max, Jimmy, Learning and all

Just curious if any of you were listening to JDSU conference call. The reason given for the drop in 2004 1st quarter guidance was the anticipation of a reduction in thin film product sales (special emphasis on display). JDS management indicated that they were revamping and it would take 2 quarters to gain traction. This appears to be a temporary problem and, if so, could the market be over reacting?

Also, did you recall the qustion from the Morgan Stanley Analyst about Vitesse exiting from the fiber optical module/subsytem. He was asking if jds was one of the potential buyers of the buiness. It will be intersting to see if JDS buys them for a pittance or Vitesses will just close their doors. It just shows how many companies are exiting the fiber optical business. IBM, Lucent, Agere, Alcatel, Nortel, Corning, Marconi, Diteck, Vitesse ... just to name a few of the big names. For large projects such as the network design phase in Japan, jds is now involved in the fibre optical end of it. My gut feel is that from here on end any large fibre optic network upgrades will involve jds. JDS competitors are too small and do not have finacial resources, depth of products or epertise to pull off the large projects. Interesting times ahead?