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Technology Stocks : JDS Uniphase (JDSU)

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To: uel_Dave who wrote (3711)1/4/2000 9:37:00 AM
From: t2   of 24042
 
Mr. Muller declined to discuss possible takeover targets but made it clear there will be more. Indeed, JDS has said it plans to increase output by 90 per cent this year through acquisitions and internal growth to keep ahead of demand from Nortel Networks, Lucent Technologies and other big fibre-optic systems makers.

JDS's future acquisitions are likely to come from smaller competitors such as E-Tek Dynamics, SDL, Corning and a host of tiny start-ups in California, Massachusetts, Europe and Asia


That was an excellent story on JDSU from the Ottawa Citizen. The management knows the strategy needed to dominate the market. Even though they have stated in the past that their acquisition phase has been completed for the most part, the high stock price is tempting them in a big way. If you can acquire using such a strong currency (stock price), you should take advantage of the situation.
Like i stated earlier, the situation is shaping up like the internet consolodation about a year ago. Regular companies could not acquire internets due to the high PEs.
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