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Technology Stocks : JDS Uniphase (JDSU)

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To: SJS who wrote (7776)3/16/2000 11:49:00 PM
From: Guy Gordon  Read Replies (4) of 24042
 
That's a piece of cake in MetaStock.

white-crane.com

This is a graph of 2.2*JDSU/ETEK from 1/18/00 to present. A value of 1.10 means that you get a 10% premium buying ETEK.

It's easy to see that the premium dropped from the 20% range to a low of 4%. But in the last three days, it has climbed back to 19%.

My feeling is that this is due to the market sell-off which occurred over those same three days. Maybe the Arbs did not want to short JDSU.
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