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Technology Stocks : JDS Uniphase (JDSU)

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To: dangergirl who wrote (2622)12/7/1999 8:55:00 AM
From: t2  Read Replies (2) of 24042
 
dangergirl, SJS explained the risks. Stock split is not a factor in the conversion price. The .928 factor will be multiplied by 2 to get the new ratio once JDSU splits.

It is like getting a stock split runup (which i am assuming will happen soon) without OCLI shares splitting.

If i see the risk going down significantly, then i may sell OCLI and buy JDSU before the deal closes(for me the tax consequences are not a factor).
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