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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: Suresh who wrote (3116)	10/20/2000 5:30:31 PM
From: Wyätt Gwyön	Read Replies (1) of 3951

How about 4 cents ? I guess you mean divide 45 by JDSU+SDLI shares? The merger is supposed to be accretive, which means SDLI's EPS, divided by 3.8, should be greater than JDSU's EPS. If the merger-adjusted EPS contribution from SDLI is 11.8 cents, I do not see how that is greater than JDSU's reported pro forma of 14 cents for last Q. (And also consider that JDSU EPS for Q to be released next week should be higher yet.) But maybe they mean, accretive compared to some other number...

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