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Technology Stocks : JDS Uniphase (JDSU)
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To: t2 who wrote (13148)10/20/2000 5:03:57 PM
From: sam  Read Replies (1) of 24042
 
Interestingly, if I recall correctly, the last market 'correction' (in May) ended as SDLI made a positive pre-announcement. This time, their earnings release sparked a rally that added about a trillion dollars in market cap to companies in the sector. Lotta clout for a company that 98% of the public (including those relics on the floor of the NYSE) has never heard of. Any way you cut it, JDSU did VERY well in bagging SDLI. They got a deal...and that actually says a lot about JDSU management. It was truly a great move.
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