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Technology Stocks : JDS Uniphase (JDSU)

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To: jack bittner who wrote (1329)10/20/1999 8:54:00 AM
From: quidditch  Read Replies (1) of 24042
 
dilution of the stock value because of several acquisitions
for stock. every time they issue stock to the holders of a Ramar, all of them come in to share the same JDSU pie we are holding.


Jack, true enough, I guess, although the just acquired Epitaxx is supposed to be accretive.

In any event, in the long run, if these acquisitions are (i) tuck-in to fill gaps in the product line or (ii) strategic in the sense of getting a jump on cutting-edge R&D with a more or less defined path to new product development, I'll gladly take it. KK and Dr. Jozef have done quite well so far.

Steve
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