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Technology Stocks : JDS Uniphase (JDSU)

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To: Kent Rattey who wrote (5418)	1/27/2000 5:02:00 PM
From: Chris Stovin	Read Replies (2) of 24042

This off of Yahoo....how serious do you think this is? SDL Shares Hit New High on Takeover Speculation NEW YORK (Reuters) - Shares of fiber optic component maker SDL Inc. (NasdaqNM:SDLI - news) rose more than 15 percent on Thursday amid market rumors of a potential takeover, analysts and traders said. Shares of SDL gained 37-7/8 to hit a new high of 287 on Nasdaq market. The stock has soared more than 1,000 percent over the past 12 months, benefiting from intense interest in companies that make equipment and components for advanced fiber optic communications networks. SDL's products are used to send data, voice and video over fiber optic networks. Representatives for San Jose, Calif.-based SDL did not return calls seeking comment. A strategist with market research firm Wall Street Strategies said rumors have circulated about a potential SDL deal with JDS Uniphase Corp. (NasdaqNM:JDSU - news) ``There's either going to be a takeover by JDS Uniphase or a merger between these two companies. There's definitely something brewing,' the strategist said. A deal could emerge over the weekend and SDL could fetch more than $300 a share, the strategist said.

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