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Technology Stocks : JDS Uniphase (JDSU)

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To: Robert New who wrote (11476)7/19/2000 7:30:18 PM
From: djia101362  Read Replies (1) of 24042
 
One S&P addition that sticks out is VRTS. When VRTS was added, similarly it jumped about 20 pts. after hours, only to fall in the days to follow.

The one major difference was that VRTS was added when the techs were topping out and at that time, not even an S&P inclusion could have helped.

Today's market although only a few months later, seems to be on better footing and had it not been for the merger, I think JDSU would take out the old highs and then some.

I'm not so sure that JDSU will get to $150 in short order but I'd be as happy as anybody if it did. SDLI is a big fish to pull along and will no doubt slow down the JDSU accent that would have resulted from this announcement had the merger not been announced.

It's easy to play the "what if" game but had this announcment come 2 weeks earlier, it's likely SDLI would only be getting about 3 shares to 1 rather than the 3.8 to 1.
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