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Technology Stocks : JDS Uniphase (JDSU)

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To: JH who wrote (11593)7/20/2000 4:12:22 PM
From: pat mudge  Read Replies (2) of 24042
 
Let's see how it closes. Looks like it's going to be around $128...

I'm not a trader and will gladly defer to your knowledge and experience.

That said, I follow SDLI (sold JDSU on the merger annc.), and am looking forward to earnings this afternoon. (Conference call at 2:00 pm, PDT.) They pre-announced on May 10 ---

San Jose, California, May 10, 2000-- SDL, Inc. (Nasdaq: SDLI) announced today that it expects to report financial results, excluding acquisition and other non-cash charges, for the second quarter ending June 30, 2000 well in excess of prior estimates

--- mid-way in the quarter --- so it's pretty certain their numbers will be good.

Bottom line: the two companies are tied at the hip. What affects one, affects the other.

I've hedge part of my position and will do more over the next two weeks.

Pat
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