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Technology Stocks : JDS Uniphase (JDSU)

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To: James Fulop who wrote (851)8/26/1999 7:56:00 AM
From: Glenn McDougall   of 24042
 
From the Globe & Mail in Canada...
The stock hit a record high as US investors continue to assume the fiber-optics player is one of the best ways to bet on a wired world. JDS Uniphase was formed this July through the merger of JDS Fitel Inc. of Nepean, just outside of Ottawa, and Uniphase Corp. of San Jose, Calif. The stock gets a boost in the latest edition of Fortune Magazine, which carries a glowing profile of money manager Colin McNay of Essex Investment Management who cited Uniphase as one of Essex's biggest holdings. In Nasdaq Stock Market trading yesterday, the shares jumped $6.63 (US) to end at $112.26.
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