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To: elpolvo who wrote (24949)	7/11/2000 2:02:41 AM
From: RR	Read Replies (3) of 35685

Polvie: 1.) It is an arbitrage play now. They both are playing off each other. That is why SDLI stalled for now. And, the arbitrage will hold JDSU down for a bit. 2.) I don't think it will hold JDSU down below 110 until October. I believe SDLI reports July 20. Let SDLI do super on its numbers, and they already said today they will beat earnings, then it might give JDSU a boost. How much, who knows. Heck, I could be totally wrong. I posted my overall view earlier today on here and I remain bullish on JDSU. We may just not get that bump on earnings now that we would have gotten if they had waited on the SDLI news until after earnings. Dog gone it... Rick

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