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Technology Stocks : JDS Uniphase (JDSU)

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To: Wyätt Gwyön who wrote (11215)7/10/2000 9:25:42 PM
From: onurbius  Read Replies (1) of 24042
 
<. With SDLI now trading at about a 20% arb discount, it looks on first glance like the DOJ may be seen as a dealstopper. >

I don't think so. The play behind the play is to create the perception of uncertainty by selling down JDSU and artificially keeping the spread at big discount. When the premium starts to evaporate both stocks are chased much higher. Strong hands are long SDLI and will be long JDSU again soon.
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