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Technology Stocks : JDS Uniphase (JDSU)

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To: Drake who wrote (4689)1/18/2000 12:01:00 PM
From: t2  Read Replies (1) of 24042
 
Drake, In the meantime ETEK and JDSU have an arrangement:

paragraph biz.yahoo.com
"In addition to the merger, the companies also announced the signing of a mutual supply agreement in order to immediately increase the supply of certain of the companies' products to customers."

As a result of the merger, JDSU gets capacity (etek was going to open a big plant in China) and ETEK gets the latest technology (JDSU's strength).

In addition, another acquisition (deal not closed yet) gets additional demand for that "division".

win/win deal, imho.
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