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Technology Stocks : JDS Uniphase (JDSU)

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To: Boplicity who wrote (2389)	11/30/1999 8:19:00 PM
From: LBstocks	Read Replies (1) of 24042

Philips Electronics had plans to sell 150,000 shares of JDS Uniphase, valued at an estimated $30.5 million, according to regulatory filings released early Tuesday. Dutch-based Philips (PHG: news, msgs) offered the shares beginning Nov. 19. JDS Uniphase (JDSU: news, msgs), based in San Jose, Calif., manufactures fiberoptic communications products. The company announced plans last week to acquire U.K.-based, fiberoptic telecommunications supplier SIFAM Limited. There are an estimated 111 million shares of JDS Uniphase outstanding. The stock closed down 23 3/8 at 228 3/4. cbs.marketwatch.com

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