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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: pat mudge who wrote (994)3/17/2000 3:40:00 PM
From: Lee  Read Replies (2) of 3951
 
Hey Pat,..divergence between JDSU & SDLI

Have no idea why SDLI is up approximately 9% while JDSU is only up 0.8% but if I had to make a guess, it would have to do with the float. Pre-split JDSU had some 535m shares for float and SDLI only had 56m, according to Yahoo. And since these two are the premier plays in this industry, IMHO of course, people buying in these would be more apparent in SDLI than JDSU.

Plus with the recent splits, SDLI still only has 140m outstanding and if the float is the same percentage, that would still only leave 112m for trading; whereas, JDSU now has 3b and by the same reasoning, that would leave approx. 2.25b for trading.

Might be faulty reasoning though. <g>

Cheers,

Lee
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