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Strategies & Market Trends : Arbitrage Plays

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To: Allen Furlan who wrote (309)	3/28/2001 3:36:38 PM
From: John Liu	of 376

Yeah that's what I am afraid of. Regarding exdividend: CHICAGO, March 23 /PRNewswire/ -- Methode Electronics, Inc. (Nasdaq: METHA - news) and Stratos Lightwave, Inc. (Nasdaq: STLW - news) today jointly announced that Methode's Board of Directors has declared a dividend of all of Methode's shares in Stratos Lightwave, Inc. The shares will be distributed as of April 28, 2001 to holders of record of Methode's Class A and Class B common stock as of the close of business on April 5, 2001. Methode currently owns 54,029,807 shares, or approximately 84.3%, of Stratos Lightwave's outstanding common stock. Yeah found out that most of the cash $5 worth will be staying with STLW. John

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