JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Boplicity who wrote (6077)	2/7/2000 11:10:00 PM
From: pat mudge	Read Replies (2) of 24042

I beg the differ, LU does a take under and investor wonder why JDSU is paying so much.. I doubt ORTL insiders consider this a "take-under." I'm guessing the deal was signed around 1/20 when the stock moved from the 120 level to 150. quicken.com Insiders (12.4 m s/o, 5.5m float) received their "premium" before the announcement. Considering LU now has an 18% interest in Tellium, I'm also guessing there was some consideration given to their future. If ORTL owns 18%, it's a safe assumption key execs own private shares, as well, and it's no stretch to imagine how the negotiations went. Pat

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