Riverhigh

JDS Uniphase Breaks Away on Missed Q4 Earnings, Loss Widens

No plan in place that I am aware of. As mentioned many emails have been sent to the Board of Direcors without reply.

JDS Uniphase Breaks Away on Missed Q4 Earnings, Loss Widens

This article, like many others, do a good job in describing where JDSU have been able to increase revenues. Unfortunately they overlook JDSU management’s inability to control SG&A Expenses. From the most recent SEC annual report filing”

“2008 SG&A expenses increased 24% ($87.4 million) while revenues only 9.5%. In 2007 SG&A expenses increased 13% ($43.1 million) on a slightly increased revenue base of 16% ”

Many emails have been sent to the Board of Directors to look into this matter but have gone unheeded. For JDSU to survive and prosper it is imperative that the Board of Directors play an active role in ensuring that management is controlling expenses. A plan for reducing SG&A expenses should be put in place throughout the organization with specific amounts and target dates