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Technology Stocks : JDS Uniphase (JDSU)
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To: R.B.Williams who wrote (7636)3/15/2000 3:14:00 PM
From: Gerald Walls  Read Replies (1) of 24042
 
This massive widening of the ETEK/JDSU spread is worrisome. It's almost like someone knows something and they're taking off their arbitraged position.

ETEK is now trading at about an 11% discount to the takeover value. That's up from less than 7% earlier in the day.

Anyone have any ideas?
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