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Technology Stocks : JDS Uniphase (JDSU)

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To: t2 who wrote (11198)7/10/2000 2:01:11 PM
From: Thomas Tam  Read Replies (3) of 24042
 
t2, how is it not dilutive? JDSU will be issuing more shares and pay say $41 billion for $400 million in revenues from SDLI. I think there will be another swoon like in Apri/May. The only potential buffer is S&P addition, but with the number of additional shares out there, there will be some bought deals from insiders to possibly limited a ramp like in BRCM just seen. JMHO.

For us Canadians, why are we paying a $4+ (can) premium to buy JDU shares instead of JDSU? Most recent trades 102 11/16 U.S. for JDSU and $158 for JDU on TSE.

Later
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