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Technology Stocks : JDS Uniphase (JDSU)

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To: SJS who wrote (4677)1/18/2000 10:08:00 AM
From: Bill Holtzman  Read Replies (1) of 24042
 
To me the most important implication of this merger timing is that JDSU is going to have killer earnings next week. If the market were to trash them this week, they must know the stock will get a big boost next week to support the merger. I'm putting on a bullish Feb options position.

I do wonder why they would possibly jeopardize the other merger with OCLI. Do you think they're afraid of CSCO buying ETEK? If so, investing in JDSU may be riskier than I think.
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